NZDUSD : A POSSIBLE SHORT TERM DOWNTREND
The price tested the FIBO 61.80 and there is also the broken support that turned into resistance at price level 0.71762-0.71917, and a bearish candle is form. The RSI showing oversold, and STOCHASTIC show a dead cross at oversold level. So, we could looking to sell high if the support level 0.70540 is broken and retested.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.