It is in daily downtrend and waiting the price to return below the upper line.
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Active
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The weekly close supports the downtrend. we have the weekly trend has turned to downtrend.
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The daily trend remains as downtrend but the price closed above the confirmation level, therefore, we are out and waiting the price to return quickly below resistance level. 0.69702
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The trend has changed to an uptrend but we are out of trading NZDUSD. We prefer to have a downtrend confirmation.
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We still out
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The daily close support us to have a downtrend but we prefer to wait to have confirmation.
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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.