Sentiment : 0.8134 0.81
The pair NZD/USD has continued its bearish movement and the breakout of 0.8050 gave us a new sell signal. The pair also broke the lower band of its bearish channel (black lines) and is currently testing the support at 0.80. All indicators are bearish. We continue to advise short positions as far as 0.81 is resistance. The breakout of 0.80 will give a new sell signal and open the way towards 0.7950. In case of return above 0.81, we will be neutral between this level and 0.8134.
Chart of the pair NZD/USD - Timeframe 4H - Zoom in :
Chart of the pair NZD/USD - Timeframe 4H - Zoom out:
NZD/USD Live Chart - Timeframe : 4h