Nzdusd downtrend
NZDUSD
The price perfectly fulfills my last idea, the price hit the target. The market rejected the resistance and fell because of it. The price broke through the ascending channel then pulled back to it. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a pullback from this zone because the market formed a big, long-tailed rejection bar on the daily. My target is a support level of 0.62200
➖➖➖➖➖➖➖➖➖
My past forecasts on EURUSD👩💻
№1NZDUSD +83p✅
№2NZDUSD +60p✅
№3NZDUSD +91p✅
№4NZDUSD +97p✅
№5NZDUSD +35p✅
The price perfectly fulfills my last idea, the price hit the target. The market rejected the resistance and fell because of it. The price broke through the ascending channel then pulled back to it. The resistance zone was tested multiple times before, when the market was pushed lower several times. I expect a pullback from this zone because the market formed a big, long-tailed rejection bar on the daily. My target is a support level of 0.62200
➖➖➖➖➖➖➖➖➖
My past forecasts on EURUSD👩💻
№1NZDUSD +83p✅
№2NZDUSD +60p✅
№3NZDUSD +91p✅
№4NZDUSD +97p✅
№5NZDUSD +35p✅
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.