The resistance test 0.84 again produces a correction of the NZD / USD which is outside itsbullish channel (black lines) and broke the support at 0.83.
All indicators are bearish.
We are now neutral on sex 0.8238 and 0.83.
We recommend waiting a power range to take this position:
- Long if 0.83 is broken. The break of 0.84 will give a new buy signal.
- Short if 0.8238 is broken. The breaking of 0.8158 will give a new sell signal.
All indicators are bearish.
We are now neutral on sex 0.8238 and 0.83.
We recommend waiting a power range to take this position:
- Long if 0.83 is broken. The break of 0.84 will give a new buy signal.
- Short if 0.8238 is broken. The breaking of 0.8158 will give a new sell signal.
