NZDUSD has been in a downtrend for quite some time now. Using a trends in trends analysis in a smaller time we have created a LL by our downtrend
We have double bottom reversal pattern which indicates that buyers are in control for the moment and we are looking to catch a few pips in the upcoming corrective move. With a current negative movement of the dollar index the NZD will push to the upside.
We have double bottom reversal pattern which indicates that buyers are in control for the moment and we are looking to catch a few pips in the upcoming corrective move. With a current negative movement of the dollar index the NZD will push to the upside.