|NZD/USD Technical Analysis comments :|
|The pair NZD/USD has continued its bearish movement and the breakout of 0.7750 and 0.77 both gave us a new sell signal.|
Currently, 0.7668 seems to act as support.
This level match with the lower band of its bearish channel (purple lines).
The gap is still not filled in.
All indiactors are bullish.
We continue to advise short positions as far as 0.78 is resistance.
The breakout of 0.7668 will give a new sell signal and open the way towards 0.76.
In case of return above 0.78, we will be neutral between this level and 0.79.
|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|