NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

Currently, NZD/USD is trading at 0.6891. The pair is trading at its 20 Months high and can touch its resistance zone soon. It can consolidate after entering its resistance zone and then start a new down trend. If price breaks 0.6900 level after rebounding...
NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

Currently, NZD/USD is trading at 0.6688. The pair is trading in a upward resistance and support channel and now moving towards its resistance level . If the price breaks the resistance level at 0.6698, then it can touch the strong resistance level at 0.6735. Follow...
NZDUSD close to breakout

NZDUSD close to breakout

Hello, my fellow traders hope you all are making some profits. We are here with our new analysis so that we can increase those profits for you. Let’s get into it. As we can see, the price is currently inside a Symmetrical triangle pattern . Though we have a breakout,...
NZD/USD Technical Analysis.

NZD/USD Technical Analysis.

Currently, NZD/USD is trading at 0.6578. The pair is trading in a downward resistance and support channel and can continue the same pattern for some time. The price is moving towards its support wedge and can rebound back after touching it to continue trading in its...
NZDUSD Descending Bearish Triangle For Short

NZDUSD Descending Bearish Triangle For Short

NZDUSD is Consolidating since last week , Within consolidation it has formed a descending triangle pattern which is bearish indication . According to chart pattern analysis, We might see down side in NZDUSD . One can initiate a short side trade with proper risk...