NZDUSD PRICE ACTION ANALYSIS
1. In the daily timeframe, a bottom head and shoulders patterns has formed showing the likelihood of a bullish move.
2. Upon confirmation of the break of resistance level 0.62747 with high volume, the pair is likely to move bullish.
3. Moreover, the daily candlesticks has broken above the moving averages a promising indication that the pair might be bullish.
4. Ensure that proper money management skills are employed before executing the trade.
2. Upon confirmation of the break of resistance level 0.62747 with high volume, the pair is likely to move bullish.
3. Moreover, the daily candlesticks has broken above the moving averages a promising indication that the pair might be bullish.
4. Ensure that proper money management skills are employed before executing the trade.
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