NZDUSD D: BEARISH PRESSURE BELOW 0.6216 TARGET 0.6081.
NZDUSD rebounded from May Low (0.6216), but rejected around 0.6568 then broke down below 0.6340 and retest May Low again.
As I said at previous idea:
"Even though oversold and vulnerable for short term rebound, anyway, Break & Hold Below 0.6340 still in downtrend, Next Potential Target 0.6216."
Now, Bearish pressure is on again. Break & Hold Below 0.6216, Potential Target 0.6081.
But, Failing Hold Below 0.6216, then NZDUSD could rebound, and Potentially Retest 0.6568.
If rebound continue, Break Above 0.6568 would Cancel Bearish Outlook.
As I said at previous idea:
"Even though oversold and vulnerable for short term rebound, anyway, Break & Hold Below 0.6340 still in downtrend, Next Potential Target 0.6216."
Now, Bearish pressure is on again. Break & Hold Below 0.6216, Potential Target 0.6081.
But, Failing Hold Below 0.6216, then NZDUSD could rebound, and Potentially Retest 0.6568.
If rebound continue, Break Above 0.6568 would Cancel Bearish Outlook.
منشورات ذات صلة
إخلاء المسؤولية
لا يُقصد بالمعلومات والمنشورات أن تكون، أو تشكل، أي نصيحة مالية أو استثمارية أو تجارية أو أنواع أخرى من النصائح أو التوصيات المقدمة أو المعتمدة من TradingView. اقرأ المزيد في شروط الاستخدام.