Top And Bottom Analysis "NZD/USD" by ThinkingAntsOk
4H CHART EXPLANATION:
a)Currently, the price is against a major support zone
b)Price has broken the descending trendline
Based on this, if the price breaks up above 0.65700 we expect a continuation of the bullish movement towards the middle resistance level, where we think the price is gonna make a consolidation structure to then keep going towards 0.69200.
MULTI TIMEFRAME VISION
-Daily:
-Weekly:
a)Currently, the price is against a major support zone
b)Price has broken the descending trendline
Based on this, if the price breaks up above 0.65700 we expect a continuation of the bullish movement towards the middle resistance level, where we think the price is gonna make a consolidation structure to then keep going towards 0.69200.
MULTI TIMEFRAME VISION
-Daily:
-Weekly: