Hello Traders
NZD/USD possibly see lower levels.
Reasons:
1-Main trend is downward and price is moving in a big downward channel.
2-A corrective channel has been broken down.
3-RSI uptrend is broken.
So it is possible that downward momentum continues till bottom of big channel.
Thanks for Reading
Team Fortuna
-RC
NZD/USD possibly see lower levels.
Reasons:
1-Main trend is downward and price is moving in a big downward channel.
2-A corrective channel has been broken down.
3-RSI uptrend is broken.
So it is possible that downward momentum continues till bottom of big channel.
Thanks for Reading
Team Fortuna
-RC
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.