Nzdusddaily
NZDUSD approaching resistance, look out for potential reversal!NZDUSD is approaching its resistance at 0.66118 where it is could reverse down to its support at 0.65630.
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NZDUSD - PUMP UP - BULL COMINGNice Bullish move about to unfold.
With good risk to reward ratio.
MACD & Stoch RSI showing Hidden
Divergence. For Elliot wavers, this
could be Wave 5 forming.
See previous analysis
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NZDUSD SELL LIMIT OPPORTUNITYNZDUSD was travelling in a wedges for a rather long time , until recently price broke out to the downside, it formed a descending channel on its way down. Price recently hit the bottom of the channel and has been making its way to the top, We believe price will make its way up to the 0.618 but we have sell limit orders at the support zone in-between the 0.5 -0.618 retracement levels. Our TP is the -.027 of the previous wave.
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.