NZDUSD 1D Time Frame
if we take a look at weekly time frame, we can see that the price touch the 50% fibonnaci level of the main down trend, so i think that the correction will end soon and the trend will be back again DOWN .... on daily time frame i notice a good divergence sign, that is mean that the up trend (correction) become weak and bulls got tired.
SELL this currency is a very good idea
SELL this currency is a very good idea
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.