In this video update, we take a look at NZDUSD as we expect to see further upside
to the currency pair in the bigger picture. However, the price has come up to a key resistance
level where we could see price retrace from. Recently price has broken out of an inverse head
and shoulders pattern and we should expect the price to retrace back to the neckline for a long opportunity.
to the currency pair in the bigger picture. However, the price has come up to a key resistance
level where we could see price retrace from. Recently price has broken out of an inverse head
and shoulders pattern and we should expect the price to retrace back to the neckline for a long opportunity.
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.
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.