InvestMate 🥝 NZD/USD Feels Like Falling Further 🥝
🥝 NZD/USD Feels Like Falling Further
🥝 Nearest strong support zone: around the 0.236 fibo level of the upward wave.
🥝 Nearest strong resistance zone: around recent highs.
🥝 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: 50/50
📊 RSI: Downtrend
🥝 Price action: NZD/USD Like many pairs with the U.S. dollar looks like it is about to fall even further. We are currently at a support zone from which we are unable to generate any strong upward impulse, so I believe that a continuation of the downward correction that has begun is opening up ahead of us.
📉 The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
🥝 Nearest strong support zone: around the 0.236 fibo level of the upward wave.
🥝 Nearest strong resistance zone: around recent highs.
🥝 Technical environment:
📊 Moving averages: Downtrend
📊 MACD: 50/50
📊 RSI: Downtrend
🥝 Price action: NZD/USD Like many pairs with the U.S. dollar looks like it is about to fall even further. We are currently at a support zone from which we are unable to generate any strong upward impulse, so I believe that a continuation of the downward correction that has begun is opening up ahead of us.
📉 The scenario I am playing out is a continuation of the declines. I don't exclude the possibility of changing the scenario if the market situation changes abruptly. I'm aware of the possibility of a correction at any time, this should be taken into account, If the outlook changes I will publish a post with an update, so I encourage you to actively follow the profile and read the description carefully.
🚀 If you appreciate my work and effort in this post, I encourage you to leave a like and follow on my profile. 🚀
Uwaga
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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💲 To keep up to date with all my activities I invite you to visit my Telegram 💲
💲 t.me/Investmatez 💲
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Informacje i publikacje przygotowane przez TradingView lub jego użytkowników, prezentowane na tej stronie, nie stanowią rekomendacji ani porad handlowych, inwestycyjnych i finansowych i nie powinny być w ten sposób traktowane ani wykorzystywane. Więcej informacji na ten temat znajdziesz w naszym Regulaminie.