NZDUSD weekly outlook
Lowest weekly close this year, has the range (between $0.674 - $0.69) been broken or a reversal on the cards next week?
First support to downside is the 50% retrace & july low/september highs. Ultimate low in this triangle formation coincides with the 61.8% retrace @$0.663
4hr:
Break below trend line(pink) & median line, gives a bearish outlook for start of week
First support to downside is the 50% retrace & july low/september highs. Ultimate low in this triangle formation coincides with the 61.8% retrace @$0.663
4hr:
Break below trend line(pink) & median line, gives a bearish outlook for start of week
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