Long term support reached. High chances of rebound. Long.
NZDUSD has rebounded near the May 30th, 2016 0.66735 support. This level is a very long term support on 1W and very likely candidate to initiate a bullish reversal. However, in order for this to happen, 0.68641 has to get crossed as the price is still trading inside a 1D Channel Down (RSI = 43.333, B/BP = -0.0012, Highs/Lows = 0). TP = 0.71776 and 0.73402 in extension.
Telegram: t.me/investingscope
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
investingscope.com
Over 65% accuracy on Private Signals Channel.
Over 15% return monthly on our Account Management Plan.
Account RECOVERY services.
Free Channel: t.me/investingscopeofficial
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.