Long Term Analysis on NZD/USD by ThinkingAntsOk
🔸 "NZD/USD Long Term View" Weekly Chart:
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🔸 Price is facing the Weekly Support Zone.
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🔸 If it bounces here, it has potential to reach the Descending Trendline.
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🔸 If the Descending Trendline is broken, then the next target zone is the Resistance Zone.
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🔸 We are waiting for a lower timeframe bullish setup to get involved on this pair.
🔸 DAILY CHART ANALYSIS:
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🔸 Price is facing the Weekly Support Zone.
.
🔸 If it bounces here, it has potential to reach the Descending Trendline.
.
🔸 If the Descending Trendline is broken, then the next target zone is the Resistance Zone.
.
🔸 We are waiting for a lower timeframe bullish setup to get involved on this pair.
🔸 DAILY CHART ANALYSIS:
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