Will NZD/USD Break the Hurdle
Here's the 1H chart of the NZD/USD. And it's moving downwards. Here, I have applied the indicators - Volume, Stoch RSI, and RSI.
RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle(0.7136). If it breaks the hurdle(0.7136), then the target will be the following 0.7116 - 0.7088.
But, if NZD/USD takes a U-turn and starts to move upwards, it will hit 0.7216.
RSI and Stoch RSI both are showing a downtrend. It's falling in the uptrend. It will fall up to support. If the trend breaks the support, it will hit the hurdle(0.7136). If it breaks the hurdle(0.7136), then the target will be the following 0.7116 - 0.7088.
But, if NZD/USD takes a U-turn and starts to move upwards, it will hit 0.7216.
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