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NZDUSD: Catching Pullback
New Zealand Dollar / U.S. Dollar
Short
NZDUSD: Catching Pullback
By VasilyTrader
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Nov 26, 2020
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Nov 26, 2020
NZDUSD has reached a resistance line of a rising parallel channel on 4H.
The price has formed the sequence of 3 dodji candles on that.
On hourly the price went rejected multiple times and formed a double top formation.
Now I expect a pullback to support of the channel.
Goal is based on 618 retracement of the last bull impulse - 0.6973
Chart Patterns
Fibonacci
Forex
newzealanddollar
NZD
NZDUSD
Technical Analysis
trading
Trend Analysis
USD
DJ FXCM Index
USD (US Dollar)
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