NZDUSD buy trade back to resistance
We see that the key level (support line was not broken.) We should now see an uptrend towards the Resistance line. The wick/shadow on the bearish candle(the shadow/wick that touched support) is significant due to the fact that it tells us that the bears could not now keep the downwards momentum
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.