NZDUSD: Bull Momentum Weakens - Watch For SellHi Traders,
We have a textbook ending diagonal pattern currently in progress. This is a reversal pattern and is confirmed by the loss of bullish momentum as illustrated by the RSI and MACD. Wait for a bear impulse breakout from the structure before looking for any short trades.
Regards,
Wave Theorist
Nzdusdsell
Audusd D1 ViewAudusd D1 View
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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Tradewithsam
NZDUSD D1 ViewNZDUSD D1 View
**Disclaimer**
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_________________________________________________________________________________________________________________________________________
Thank you for your support!
Tradewithsam
NZDUSD ---≥ SellWe bring to your attention our position and our view of the NZDUSD
Order:
-Type: Sell from 0.6518;
-S/L: 0.6568;
-T/P: 0.6400;
-R/R: 2.41;
Regards to you,
Analytical Department Ltd ”Wermelgion and Partners Investment”.
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#Fx #Forex #Nzdusd #Nzdusdsell #Nzdusdshort #Signals
NZDUSD Market Outlook | Daily Forex Market BreakdownNZDUSD
Strong bullish movement with NU. As previously mentioned if we sustain above 0.65 I feel we could keep pushing back to the upside, but if we get a clean break and with a strong close below 0.65 we could see some big downside movement. Too early to jump into a trade right now we need to let this develop
NZDUSD Market Outlook | Daily Forex Market BreakdownNZDUSD
Having a pullback, which is expected after strong bullish movement like we have just seen. As long as we maintain above 0.65 I believe we could keep pushing up, but if we get a strong close below 0.65 we could melt to the downside. I am favoring more downside movement!
NZDUSD reversed from resistance, potential drop!
NZDUSD reversed off its resistance at 0.65450 where it could potentially drop further to 0.64650.
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#NZDUSD, Returning to the ups?Upward trend on the daily chart.
Stochastic Indicator approaches the Overbought upper value.
We have drawn a resistance line at 0.6450 in the graph above as you can see the nzdusd has trouble breaking the above line.
Buy only having a resistance line break
By then Sell with a target of 0.6330