Keeping an eye on H4, price has broken support level with an indecision candle. Rejection from resistance and expected continuation down to next zone.
After a fake breakout on Thursday, the price hit rejection line, dipped down and still in zone. Waiting for breakout and valid retest either way to the next level/zone.
Possible movements. Most likely to move up to upper trendline.
Possible bearish movement. could potentially break lower zone and go down further or bounce off the support line.
Possible moves for NZDUSD. Practice Analysis. On a Daily Zone. most likely going to retest of that and become bearish on Daily.
Gold to rise to the trendline before either breaking and retest to 1320 level or going down further once trendline has been contacted.