NZDUSD seems to be forming an inverse head and shoulder pattern . which could signal the begining of another bull market at 0.64-0.650 5zone with a potential 50% retracement .....
however a break below the supply will signal that the bears are still in the market as a result a retest of the of the 0.64-0.650 zone after a break below will be a good insight for a bear market entry ..
as indicated by the lines and arrows on the chart..........
however a break below the supply will signal that the bears are still in the market as a result a retest of the of the 0.64-0.650 zone after a break below will be a good insight for a bear market entry ..
as indicated by the lines and arrows on the chart..........
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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.