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NZDUSD: Pullback From Key Level 🇳🇿🇺🇸
New Zealand Dollar / U.S. Dollar
Short
NZDUSD: Pullback From Key Level 🇳🇿🇺🇸
By VasilyTrader
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Oct 11, 2023
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Oct 11, 2023
https://www.tradingview.com/x/WAfM4ADf/
NZDUSD reached a solid horizontal resistance.
Approaching that, the price formed a rising wedge and a double top patterns
on an hourly time frame.
Both the neckline and a support of the wedge were broken.
It is an important sign of strength of the bears and a local change of a character.
I anticipate a retracement to 0.600 / 0.599
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dollar
Double Top or Bottom
forecast
Forex
Multiple Time Frame Analysis
NZDUSD
Technical Analysis
trading
USD
DJ FXCM Index
Wedge
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