RLinda

NZDUSD → The currency pair is preparing to go even lower

Satış
RLinda Güncellendi   
OANDA:NZDUSD   Yeni Zelanda Doları / ABD Doları
NZDUSD is declining amid a strong dollar rally. The negative background for the currency pair has persisted for quite a long time and there is no reason to change this tone at the moment.


On W1, we can clearly see the general trend on the part of strong bears, who continue to sell off the currency pair and the New Zealand dollar.
On H4 it is worth paying attention to the intermediate level of 0.5900. The breakout and subsequent price consolidation below this level will form the potential for the continuation of the decline.

Resistance levels: 0.5940, 0.6000
Support levels: 0.5900, 0.5850


Technically, we have a bearish trend and support retest, which only strengthens the bearish potential on the negative fundamental background. We are waiting for a decline to lower targets.

Regards R. Linda!
İşlem aktif:
The pair is updating the local minimum
negative fundamental background persists
İşlem aktif:
breakdown
Yorum:
Decline continues. prospective target 0.586
İşlem kapandı: hedefe ulaştı:
The first goal has been achieved
İşlem aktif
İşlem aktif:
Consolidation below the target level. We expect the decline to continue
İşlem kapandı: hedefe ulaştı

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