Hello everybody!
-On this daily chart we can see that previous support line(yellow line) now becomes resistance line and the price was rejected when it hit that line.
-We can also see that yellow line is very strong support and now resistance because it had multiple touches in the past(about 15).
-On daily base NZD and CAD are at same level and on weekly base NZD is stronger than CAD.
-I recommend to wait until conformation signal if it is going to happen.In other case if NZD gain more bullish power the price may break that resistance line,...
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
-On this daily chart we can see that previous support line(yellow line) now becomes resistance line and the price was rejected when it hit that line.
-We can also see that yellow line is very strong support and now resistance because it had multiple touches in the past(about 15).
-On daily base NZD and CAD are at same level and on weekly base NZD is stronger than CAD.
-I recommend to wait until conformation signal if it is going to happen.In other case if NZD gain more bullish power the price may break that resistance line,...
THANKS FOR READING!
-If you have some different opinions please let me know and if you like this please hit that like button and give me support,i will appreciate every support.
-Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.The information given is not a Financial Advise.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.