NZD/USD potential downfall
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It's formed a XABCD and another triangle to show the predicted movement of the market it's heading to.
It's hit the resistance line twice already from previous moves and every time the candlestick hits a resistance line, it continues to crumble and gets pressured to lower the price.
I am hoping it will continue to lower because it has already hit a resistance line by two 1 day candlesticks.
It's hit the resistance line twice already from previous moves and every time the candlestick hits a resistance line, it continues to crumble and gets pressured to lower the price.
I am hoping it will continue to lower because it has already hit a resistance line by two 1 day candlesticks.
Note
Please check this one the 1 day timeframe as the analysis was done on this....
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