NZDUSD H4 22 March 2024
NZD/USD, H4 22 March 2024
The NZD/USD pair has displayed a double-top pattern, indicating a potential bearish trend. Despite favourable trade balance data released today, the New Zealand dollar has been overshadowed by a strengthened U.S. dollar. With a lack of bullish catalysts for the Kiwi at present, the pair faces challenges in reversing its trend.
The NZD/USD pair has formed a double-top pattern, suggesting a potential fresh bearish trend.
Resistance level:0.6050, 0.6100📉
Support level: 0.6005, 0.5950📈
The NZD/USD pair has displayed a double-top pattern, indicating a potential bearish trend. Despite favourable trade balance data released today, the New Zealand dollar has been overshadowed by a strengthened U.S. dollar. With a lack of bullish catalysts for the Kiwi at present, the pair faces challenges in reversing its trend.
The NZD/USD pair has formed a double-top pattern, suggesting a potential fresh bearish trend.
Resistance level:0.6050, 0.6100📉
Support level: 0.6005, 0.5950📈
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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.