NZD will rise due to the decline of the dollar but the Australian dollar is likely to bear down on the audnzd, we have the perfect configuration of wave 5 with a bonus on the 6 back on the trend line.
this second chart analysis confirms what I think of the Australian dollar vs dollar you can see the pretty wave in preparation for the last cycle. the most consistent pattern, with the fall of the dollar very soon the Australian dollar will of course go up and found itself in the bullish phase, a little patience to get a good result, patience is the key to...
the most consistent pattern, with the fall of the dollar very soon the Australian dollar will of course go up and found itself in the bullish phase, a little patience to get a good result, patience is the key to successful trading.
the dollar is still up, a lot of preachers say it will go up again but I do not agree, things change this week because of the trump trip but today it's time for the dollar to come back to his starting point last week.
We can admit that it is time for a downtrend despite the rise, put a sell limit 112.537 if the candle does not hit the limit sell then put a sell stop always stay in security
Currently Trump's move to Belgium does not help things for Europe, yesterday we had a big drop that normally should change and come back 1.17765
Bearish if the candle breaks 1.78697 then we can get a bearish confirmation for this pair.
Rejection from point 2 to point 3 bullish, it is better to put a buystop for this signal, follow points 2, 3, 4 if confirmation
We are on the support the combinations 1 2 3 4 5 is perfect and seems to be confirmed, put a buystop is safer, otherwise it continues to go down to 0.66849
We are on the support the combinations 1 2 3 4 5 is perfect and seems to be confirmed, put a buystop is safer, otherwise it continues to go down to 0.66849