NZDUSD expected to decrease in the near future?
Dear friends,
Today, NZDUSD is currently trading around the price level of 0.595 after facing significant selling pressure near the psychological resistance level of 0.6000. It has formed a double top pattern on the 4-hour chart.
From my perspective, there is likely to be a slight downward correction in the near future, with a break below the trendline and a decline towards the support level of 0.588.
What are your thoughts on the next move for this currency pair?
Today, NZDUSD is currently trading around the price level of 0.595 after facing significant selling pressure near the psychological resistance level of 0.6000. It has formed a double top pattern on the 4-hour chart.
From my perspective, there is likely to be a slight downward correction in the near future, with a break below the trendline and a decline towards the support level of 0.588.
What are your thoughts on the next move for this currency pair?
Bình luận:
good luck everyone <3
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