NZDUSD - In Bearish Trend
- NZDUSD is currently making LH and LL showing classic down trend.
- Last impulse move went down from 0.59332-0.58524, a down move of about 1.36%.
- Since making last LL, price has made to 0.5 - 0.618 fibonacci retracement zone.
- No bullish divergence has been identified.
- Trendline has not captured price.
- Last impulse move went down from 0.59332-0.58524, a down move of about 1.36%.
- Since making last LL, price has made to 0.5 - 0.618 fibonacci retracement zone.
- No bullish divergence has been identified.
- Trendline has not captured price.
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