Krishna_Bhandari

NZD/USD at multi year support

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
* may turn bullish ahead of hawkish monetary policy ahead of NZD.
* 1.272 XABCD
*1.13 ABCD pattern
* USD approaching Level 2 ABCD pattern
* RSI divergence on 1HR
* ADX peaked at 50
* Bollinger squeezed and consolidation on 1HR
* This is all a new low in years
* The new zealand economy is robust and protected against covid cases they have a policy of zero covid

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