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NZD/USD Expecting to move down
New Zealand Dollar / U.S. Dollar
Short
NZD/USD Expecting to move down
By Madtradex
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Nov 17, 2020
1
Nov 17, 2020
Yo Traders,
The price has now touched the weekly resistance and price is making rejections at this level.
On the 4HR TF you can also see divergence on the RSI. With this multiple confluence i am expecting the price to move down to the next support level.
With positive news on vaccine i am expecting USD to be strong in the mid term.
Lets wait and watch
Thanks
madtradex
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