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FX.co ★ NZDUSD holding below descending trendline resistance! Reversal incoming!

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Forex Analysis

2021-07-27T04:25:16
iconRelevance until2021-07-28

NZDUSD holding below descending trendline resistance! Reversal incoming!

NZDUSD holding below descending trendline resistance. With stochastic approaching hidden resistance at 92.95 , a short term reversal from our 1st resistance of 0.70066 towards graphical swing low and 1st support at 0.68809 could be possible.

NZDUSD holding below descending trendline resistance! Reversal incoming!

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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