Search
Products
Community
Markets
News
Brokers
More
IN
Get started
Community
/
Ideas
/
NZDUSD - Importance of the 0.70 Level is crucial
New Zealand Dollar / U.S. Dollar
Short
NZDUSD - Importance of the 0.70 Level is crucial
By VolcyWaveIntlx
Follow
Follow
Oct 12, 2016
1
Cheer
Cheer
Oct 12, 2016
NZDUSD was in a uptrend for most of the year 2016.
Head/Shoulder pattern to the downside is completed. It broke the neckline.
This pair is currently in a downtrend and will break or reverse when it hits the 0.70 Level which is on a major weekly trendline .
I am bearish on this pair in the long run
Watch for the Fed
Elliott Wave
NZDUSD
Parallel Channel
VolcyWaveIntlx
Follow
Also on:
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
.