Looking at the technical picture of NZDUSD on the 4-hour chart, we can see that the pair has returned to the expected short-term bearish resistance line.
Given that the trend line remains intact as a rule, we should stick to the script and aim higher. If this happens, it is likely to reach the psychological resistance level of 0.5960. More buyers may be invited to join the market.
And what do you think? Wish you good luck trading.
Given that the trend line remains intact as a rule, we should stick to the script and aim higher. If this happens, it is likely to reach the psychological resistance level of 0.5960. More buyers may be invited to join the market.
And what do you think? Wish you good luck trading.
