After one shoulder, head, shoulder the NZDUSD has completed this end of the second shoulder over the resistance that of 0.7005-0.7020. After such a continuous fall and after not being able to overcome this resistance we can only expect a price increase of at least a few pips. However, it would have a fenced SL since always in operations of this type, some risk is assumed, it remains to be aware of the macroeconomic calendar to finish knowing for sure the trend, but everything indicates that it will suffer a small correction.
I hope this analysis will be of great help to you and any suggestions do not hesitate to let us know
Signed by: FxProfitSignals Group
Translated with www.DeepL.com/Translator (free version)
I hope this analysis will be of great help to you and any suggestions do not hesitate to let us know
Signed by: FxProfitSignals Group
Translated with www.DeepL.com/Translator (free version)
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