NZDUSD TECHNICAL ANALYSIS ON DAILY TIMEFRAME
Publish Date : 2019/09/17 - 06:54

NZDUSD TECHNICAL ANALYSIS ON DAILY TIMEFRAME


As you can see,the prices have been in a downtrend.

But the prices rebounded from 0.6269 low.

The prices were not able to test 38.2 fibbonacci level as shown in the figure above.besides,the prices entered into downsides again after forming a pinbar.

It is expected that the prices retest 0.6294 and even break lower.however,0.6451 area is a potential resistence.

Source:forex.com

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