Hello Traders
As you can see in the chart above, the price has formed a rising wedge, and I'm expecting a blast fall for NZD.
As of tonight, NZD will release its retail sales statics, and it is expected to be bearish too.
On the other hand, I see a Bearish divergence on RSI.
It is possible too that price forms a double top pattern too.
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What is your opinion? Comment below.
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Goodluck.
As you can see in the chart above, the price has formed a rising wedge, and I'm expecting a blast fall for NZD.
As of tonight, NZD will release its retail sales statics, and it is expected to be bearish too.
On the other hand, I see a Bearish divergence on RSI.
It is possible too that price forms a double top pattern too.
------------------------------------------------------------------------
What is your opinion? Comment below.
If you like the idea, please hit the like button and subscribe to the profile to not miss my updates. The information given is never financial advice. Always do your research too.
Goodluck.
as you know, last night the retail sales of Newzealand had a better result
huge difference from what everyone expected, so the news was bullish, but the chart is still bearish if the price can get below 0.69300.
Good Luck