RLinda ! NZDUSD-> The signal for a change of trend

2022年12月16日

The NZDUSD shows us the prerequisites for a change of trend. The price breaks the uptrend channel, confirms the level and heads down

The upward price channel, which has been existing during the month, breaks down on the background of fundamental factors, which make the dollar get stronger.
The price breaks the support of the channel, the retest is formed and there is a signal to sell.

I expect that the price will reach the support at 0.6302 soon. The next target is 0.61889.

Regards R.Linda!

2022年12月16日

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