NZDUSD: This can confirm NZDUSD Reversal
In order for the recent head and shoulder to be considered the top of the pair for weeks to come is for it to retrace to the right shoulder and continue making newer lows.
I am in favor of this happening, as the US data has been good, also taking into account the correction needed if these USD pairs want to continue even higher.
Trade with care.
I am in favor of this happening, as the US data has been good, also taking into account the correction needed if these USD pairs want to continue even higher.
Trade with care.
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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.