NZDUSD is about to retest a key horizontal support level near 0.5888. It has tested this level 4 times in the recent past and could simply bounce off like it did last time. However, after this many tries, maybe it’s ready to start a new trend.
Supported by Downward sloping Moving Average
Target: 0.5888 Entry: 0.5905 Stop: 0.5913
Approaching Support level of 344.24 identified at 12/11 20:45. This pattern is still in the process of forming. Possible bearish price movement towards the support 344.24 within the next 5
Butterfly Fibonacci pattern identified at 10/22 13:30. This pattern is still in the process of forming. Possible bearish price movement towards target levels ranging from 29.54 to 21.81 within the
DOW 30 is moving towards a resistance line which it has tested numerous times in the past. We have seen it retrace from this line before, so at this stage