NZDUSD > Can We a Bigger Drop from Here?

11 нояб. 2020 г.

Analysis of #NZDUSD

Hello friends,

thank you for taking the time to read my analysis, please like and comment below, means a lot

after the RBNZ rate decision yesterday this pair rallied today almost one percent today, as you can see it has reached it upper resistance line after 8 days of an impressive run, all were positive days for NZD rallied almost 5%, now what?

i think we could see a drop to 0.6780 and maybe a bigger drop to 0.6700.

i will drop to a lower time frame to see if I can spot an entry that met my rules to enter short

Really appreciate your support and feedback
Check today analysis below⠀


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-DISCLAIMER: This Information Is Not a Recommendation to Buy or Sell. It Is to Be Used for Educational Purposes Only⠀
-⚠ Please Note This Is Just a Prediction and I Have No Reason to Act on It and Neither Should You