NZDUSD - The Kiwi has had a good bullish run in the recent past but the longer term trend suggests this is now topped out. Backed up with a bearish RSI divergence, pending stronger dollar and meeting supply on its trend line.
Currently, price action is attempting a retest of the upper trend line. I think this will fail and we will see a bearish trend.
NZDUSD
https://www.tradingview.com/x/tOtRss6K/
Currently, price action is attempting a retest of the upper trend line. I think this will fail and we will see a bearish trend.
NZDUSDhttps://www.tradingview.com/x/tOtRss6K/
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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.