NZDUSD: Where would it go next?
The price touched the lower band of the Bollinger Bands twice. And we can see that the Bollinger Bands turned broader like a trumpet.
So, does this point have enough pressure to push the price back to the middle?
From the Volume, we can see that the sellers are still powerful.
The MACD and RSI both show a downward trend.
Let’s wait for more signals.
So, does this point have enough pressure to push the price back to the middle?
From the Volume, we can see that the sellers are still powerful.
The MACD and RSI both show a downward trend.
Let’s wait for more signals.
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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.