NZDUSD Analysis
Uptrend broken which has confirmed a new market structure now reversing into a downtrend, consisting on lower highs and lower lows.
Predicting a small increase which is then to retest support and if this is to happen i would expect a price melt back down to original support from a few days ago 0.663 which is highlighted on the chart.
Uptrend broken which has confirmed a new market structure now reversing into a downtrend, consisting on lower highs and lower lows.
Predicting a small increase which is then to retest support and if this is to happen i would expect a price melt back down to original support from a few days ago 0.663 which is highlighted on the chart.