ANALYSIS: NZDUSD FLAG PATTERN TO 0.7000
NZDUSD on the 4hr timeframe shows price impulsing from the 0.6770 in line with the weekly timeframe.
Price now seems to be forming a small correction with the potential to breakout and head towards the 0.7000 key zone.
As you can see the 4hr chart candles are small in range which suggests sellers aren't involved in this market and price is accumulating before a move higher. Look for the breakout here.
Price now seems to be forming a small correction with the potential to breakout and head towards the 0.7000 key zone.
As you can see the 4hr chart candles are small in range which suggests sellers aren't involved in this market and price is accumulating before a move higher. Look for the breakout here.
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