|NZD/USD Technical Analysis comments :|
|The pair NZD/USD has continued its bearish movement last friday and the breakout of 0.80 gave us a new sell signal.|
The pair has opened the week on a bearish gap, below the support at 0.7950 (new sell signal).
All indicators are bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.8050 is resistance.
The breakout of 0.79 will give a new sell signal and open the way towards 0.7850.
In case of return above 0.8050, we will be neutral between this level and 0.81.
|Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis|
|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|