NZDUSD - Inverse H&S in play
The 4-hr chart of NZDUSD looks very bullish after this morning. The neckline of an inverse Head & Shoulders was broken, without much resistance, and the pair is continuing its climb higher. Main resistance now is the trendline coming in around .83, and support should be seen at the broken neckline at .8260. The measured move of this setup is up near .8435, although there should be strong resistance coming into play once price nears .84.
It's likely that the .83 level will cap price today as the trading week winds down, but this pair should be a top priority at the beginning of next week.
It's likely that the .83 level will cap price today as the trading week winds down, but this pair should be a top priority at the beginning of next week.
Thông báo miễn trừ trách nhiệm
Thông tin và ấn phẩm không có nghĩa là và không cấu thành, tài chính, đầu tư, kinh doanh, hoặc các loại lời khuyên hoặc khuyến nghị khác được cung cấp hoặc xác nhận bởi TradingView. Đọc thêm trong Điều khoản sử dụng.