NZDUSD: Daily Technical Update - Dec 03
See Yesterday's Update before reading... Monday Update: tradingview.com/v/7pM43daA/
...................................................................................................................................................................
Daily Technical Update - December 03
NZDUSD retested the 50-days SMA and the top of the minor falling channel, before moving lower again towards 0.7765 recent low and target in line with previous outlook.
Outlook: Further downside remains the likely near term scenario, which will be confirmed on a break below 0.7765, targeting 0.7720 then 0.7660-0.7670. Only stability back above the falling channel would negate the near term downside bias.
Happy Trading :)
Join me at twitter.com/thefxchannel
Also at my Facebook page thefxchannel.com
My best regards,
Technician
...................................................................................................................................................................
Daily Technical Update - December 03
NZDUSD retested the 50-days SMA and the top of the minor falling channel, before moving lower again towards 0.7765 recent low and target in line with previous outlook.
Outlook: Further downside remains the likely near term scenario, which will be confirmed on a break below 0.7765, targeting 0.7720 then 0.7660-0.7670. Only stability back above the falling channel would negate the near term downside bias.
Happy Trading :)
Join me at twitter.com/thefxchannel
Also at my Facebook page thefxchannel.com
My best regards,
Technician
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.