NZDUSD - H4 - Moving averages ( 30/50/100 )
- As we can see there is a strong move from the sellers on the pair, you see that with the strong candles at two different spots
- With that, the pair formed two Tops, defined at the first level of moving averages ( level 30 ),not trespassing the level 50, creating some resistence levels.
- We could see too that the moving averages are leveled, and parallel, that is a good sign, to me represent some stability on the pair, and on the trend, that seems Bearish for now.
- With that, the pair formed two Tops, defined at the first level of moving averages ( level 30 ),not trespassing the level 50, creating some resistence levels.
- We could see too that the moving averages are leveled, and parallel, that is a good sign, to me represent some stability on the pair, and on the trend, that seems Bearish for now.
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