Nzdusdbreakout
NZD/USD - Important Resistance level!At the moment we are at a crucial Resistance level for NZDUSD. If it manage to break the level we could see a raise to around 0,69200. If the Resistance won't be broken we could see a drop to around 0,68500.
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NZDUSD - COMING BULLNZDUSD has retraced to Fibonacci retracement
level of 0.618 . I am now expecting a drop down
to around 0.67060
Also Stoch RSI is going into overbought territory.
once it crosses the red line i am expecting another
move up
See previous analysis
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