NZDUSD Long

40
As long as price remains above .68339, I am bullish here. Price double topped at around the .700 level, and has made it's way back down, but is finding support now. There is increased volatility meaning more bulls are coming in to battle against the bears. We also see an inverted head and shoulders pattern. Price also breached the resistance shown by the red horizontal line. It was a fakeout, but the breach and close shows weakness in the level and a possible break higher on a retest.

Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.