HI GUYS,
JUST A QUICK UPDATE ON THE NZDUSD 4H CHART.
AS WE CAN SEE THE PAIR IS CONSOLIDATING WITHIN THE SUPPORT AND THE RESISTANCE MARKED UP:
SUPPORT - AROUND 0.71213
RESISTANCE - AROUND 0.73087
I WILL BE WATCHING THIS CAREFULLY TO SEE WHERE THE PRICE PUSHES TO AND I WILL UPDATE THIS AS WE MOVE.
- POTENTIAL FOR A DROP TO SUPPORT AND AWAIT A BOUNCE OR CONFIRMATION OF A REVERSAL.
- ALSO POTNETIAL FOR THE PRICE TO PUSH THE ROOF OF THE CHANNEL AND IN TURN REVERSE TO THE DOWNSIDE.
A LIKE OR A FOLLOW WOULD BE MUCH APPREICATED.
DWFX
JUST A QUICK UPDATE ON THE NZDUSD 4H CHART.
AS WE CAN SEE THE PAIR IS CONSOLIDATING WITHIN THE SUPPORT AND THE RESISTANCE MARKED UP:
SUPPORT - AROUND 0.71213
RESISTANCE - AROUND 0.73087
I WILL BE WATCHING THIS CAREFULLY TO SEE WHERE THE PRICE PUSHES TO AND I WILL UPDATE THIS AS WE MOVE.
- POTENTIAL FOR A DROP TO SUPPORT AND AWAIT A BOUNCE OR CONFIRMATION OF A REVERSAL.
- ALSO POTNETIAL FOR THE PRICE TO PUSH THE ROOF OF THE CHANNEL AND IN TURN REVERSE TO THE DOWNSIDE.
A LIKE OR A FOLLOW WOULD BE MUCH APPREICATED.
DWFX