Possible SELL on NZD/USD
NZD/USD is in a range between 0.73000 and 0.71400, and is creating a chart pattern formation known as Head And Shoulders and a possible triangle.
If it breaks below 0.71400, we'll probably see the price fall down to 0.69500.
If the price rejects 0.71400 and breaks above, it might continue its way up to 0.74500
If it breaks below 0.71400, we'll probably see the price fall down to 0.69500.
If the price rejects 0.71400 and breaks above, it might continue its way up to 0.74500
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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.