NZDUSD channel analysis

NZDUSD technical analysis: Testing critical channel resistance level | 20th June, 2017

Posted Posted in Technical Analysis

Bearish trade setup in the NZDUSD pair near the channel resistance First Critical Resistance: 0.7300 Second Critical Resistance: 0.7402 First Critical Support: 0.7095 Second Critical Support: 0.6830 Overall Sentiment: Bearish ∇ There NZDUSD pair has rallied higher for the last consecutive 5 week and currently, the bullish momentum of this pair has ceased after the pair Read More