NZD/USD: will kiwi catch the wave

NZD/USD: will kiwi catch the wave


BUY 0.709

SL 0.7035

TP 0.7235

On the daily chart, bears managed to lead the pair to the lower border of the long-term uptrend. A successful test of diagonal support will increase the possibility of a break in an uptrend and formation of the “Crab” pattern.


On H1, the return of the pair to the top of the previous short-term consolidation will create grounds for the reversal “Wolfe waves” pattern.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


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