NZDUSD Analysis Sept 6, 2020
On the weekly timeframe we are still moving bullish. Last week formed a doji at the 200 day moving average which could be used as confluence to go short but we need more downward movement before breaking bullish trend. ON the H4 timeframe we are retesting 38.2% level and could see a push off of this zone. In order to go long we need the formation of a lowertimeframe (H1) HL to confirm the new trend and be conservative