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NZDUSDv
Member Since Feb 11, 2018
83 posts
Mar 28, 2018 at 05:59
Kiwi-- potential another head-shoulder top formation?
If today close below 7258 may increase short term downside risk.
Directly break higher from the channel will turn the trend higher again.
Views are my own, not trading recommendations. Good Luck!
If today close below 7258 may increase short term downside risk.
Directly break higher from the channel will turn the trend higher again.
Views are my own, not trading recommendations. Good Luck!
Attachments:
Member Since Feb 11, 2018
83 posts
Apr 11, 2018 at 14:38
Spot 0.7363, Clearly close above 0.7430 will add bullish tone, if failed, may back into boarder consolidation mode.
Attachments:
Member Since Feb 11, 2018
83 posts
Apr 12, 2018 at 06:52
If today no touch 0.7380, some pullback is likely.
Member Since Feb 11, 2018
83 posts
Apr 13, 2018 at 07:21
NZDUSD
The uptrend looks sustained for now.
But daily osclliator already at the top of range.
The small divergence on intraday chart also should be taken into account.
Today close below 0.7353 or no touch 0.7399 may be the first pullback sign.
Directly close above 0.7399 will indicate a potential upside acceleration.
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The uptrend looks sustained for now.
But daily osclliator already at the top of range.
The small divergence on intraday chart also should be taken into account.
Today close below 0.7353 or no touch 0.7399 may be the first pullback sign.
Directly close above 0.7399 will indicate a potential upside acceleration.
Attachments:
Member Since Feb 11, 2018
83 posts
Apr 13, 2018 at 07:21
Attachments:
Member Since Feb 11, 2018
83 posts
Apr 17, 2018 at 06:06
NZDUSD
After a bearish key day reversal, Kiwi still consolidated just below the downtrend line.
Price still in the uptrend channel.
We see daily oscillators already at thr top of its range along with RSI turning lower.
Once 0.7395 hold, a potential head-shoulder top formation could not be ruled out.
Short term ome pullback is likely.
Go short against recent high provide good risk-reward for now.
Directly break 0.7395 will not only test 0.7403/35, but also threaten a clearly downtrend broken.
Close below 0.7275 will indicate a near term top has already formed.
After a bearish key day reversal, Kiwi still consolidated just below the downtrend line.
Price still in the uptrend channel.
We see daily oscillators already at thr top of its range along with RSI turning lower.
Once 0.7395 hold, a potential head-shoulder top formation could not be ruled out.
Short term ome pullback is likely.
Go short against recent high provide good risk-reward for now.
Directly break 0.7395 will not only test 0.7403/35, but also threaten a clearly downtrend broken.
Close below 0.7275 will indicate a near term top has already formed.
Attachments:
