I'm posting this analysis at the start of the week to see how it develops and update it as we go.
I'll be looking for a sell opportunity since it broke out of the Trendline and by the looks of it making lower highs and lower lows. Additionally, last week was a good week for the kiwi fundamentally with the elections which strenghten the NZD.
Like and Follow!
I'll be looking for a sell opportunity since it broke out of the Trendline and by the looks of it making lower highs and lower lows. Additionally, last week was a good week for the kiwi fundamentally with the elections which strenghten the NZD.
Like and Follow!
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Bigger picture of the Trendline
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This thing is moving fast
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Tested 0.618 and bottom of gray zone, still waiting
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Price broke through my gray zone very easy. Next target to look for a reversal will be the green box