Đô la New Zealand/Đô la MỹGiá xuống
💱 NZDUSD - False break of a strong resistance level
The NZDUSD is making a retest of the resistance at 0.6379 a month after its formation.
It will be difficult for the price to overcome such level from the first time, hence, after the formed false breakdown we should expect a pullback.
TA on the high timeframe:
1) The chart on the right cannot show us any key trend. The price is in a sideways range, hence it is possible to both buy and sell.
TA on a low timeframe:
1) The price makes a false break of the resistance at 0.6379.
2) The false breakout may be followed by a strong pullback
3) The key support area which the price may try to reach is 0.63360 or 0.62970.
4) A resistance retest could form and if the price does not break it, a correction could start.
Key support: 0.6327, 0.62900
Key resistance: 0.6379
It will be difficult for the price to overcome such level from the first time, hence, after the formed false breakdown we should expect a pullback.
TA on the high timeframe:
1) The chart on the right cannot show us any key trend. The price is in a sideways range, hence it is possible to both buy and sell.
TA on a low timeframe:
1) The price makes a false break of the resistance at 0.6379.
2) The false breakout may be followed by a strong pullback
3) The key support area which the price may try to reach is 0.63360 or 0.62970.
4) A resistance retest could form and if the price does not break it, a correction could start.
Key support: 0.6327, 0.62900
Key resistance: 0.6379
Bài đăng liên quan
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.