NzdUsd - Large Capitulation Presents Bear Flag Opportunity

Short

Dollaro neozelandese / Dollaro (FX:NZDUSD)

FX:NZDUSD Dollaro neozelandese / Dollaro

trendanalysis chartpattern waveanalysis nzdusd nzd usd forex forexsignals newzealanddollar technicalanalysis technical_analysis flag

Last week the NzdUsd sold off heavily after news of a change of government in New Zealand reflecting a level of market uncertainty about continuity of New Zealand political policy. As a result we will be looking for a possible small channel to the upside, possibly with a re-test of broken support turning resistance at 0.70588, where we will look for Bearish formations and patterns to initiate shorts down to the targets of 0.68640 and 0.68217 respectively.

Declinazione di responsabilità

Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.