First published idea from an inexperienced trader.
as the NZD/USD weekly approaches a close, a hanging man appears to be forming on top of a strong support line, NZD/USD is at it's lowest point for over 12 months.
bearing in mind we have the NPF tomorrow so this can go either way and break the support.
I am bullish on this pair, I suspect the bullish reversal to hit the downward trend line and possibly even break to the resistance line of 0.7328
as the NZD/USD weekly approaches a close, a hanging man appears to be forming on top of a strong support line, NZD/USD is at it's lowest point for over 12 months.
bearing in mind we have the NPF tomorrow so this can go either way and break the support.
I am bullish on this pair, I suspect the bullish reversal to hit the downward trend line and possibly even break to the resistance line of 0.7328
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.