NZDUSD the correction not over yet
NZDUSD weakness extended overnight, breaking below the early
August low and uptrend form March, currently at 0.6597/75, thus
completing a small top and finally managing to follow through on
the recent bearish “outside day” and the bear “wedge” that is still
in place.
Beneath .6503 could see weakness extend even further with next
support seen at .6466, ahead of .6450/41. It’s worth highlighting
the ‘wedge measured objective’ is at .6400.
August low and uptrend form March, currently at 0.6597/75, thus
completing a small top and finally managing to follow through on
the recent bearish “outside day” and the bear “wedge” that is still
in place.
Beneath .6503 could see weakness extend even further with next
support seen at .6466, ahead of .6450/41. It’s worth highlighting
the ‘wedge measured objective’ is at .6400.
Follow our plan to grow successfully a small retail trading account | fxadvisor.eu
Follow our plan to grow successfully a small retail trading account | fxadvisor.eu
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.