|NZD/USD Technical Analysis comments :|
|The pair NZD/USD has continued its bearish movement and the breakout of 0.7921 gave us a new sell signal.|
Currently, the pair is testing the next support at 0.7850.
All indicators are bearish.
The pair is moving into its former bearish channel (purple lines).
We continue to advise short positions as far as 0.80 is resistance.
The breakout of 0.7850 will give a new sell signal and open the way towards 0.78.
In case of return above 0.80, we will be neutral between this level and 0.8050.
|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|