as what i can see in the 1hour shart i think it show the bearish but in opinion he want to up to corect the macd give divergence
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as what i can see in the 1hour shart i think it show the bearish but in opinion he want to up to corect the macd give divergence
If a M15 close above 0.7600 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7520 sell only and do not buy. If price closes back above it again do nothing
The range 0.7600 and 0.7200 is neutral area, any trade done in between is personal decision and not part of this analysis
Because of the pair has failed in breaking 0.7500 and bounced from it , so that's mean the up trend is expected and the pair might head to 0.7620 and then 0.7650
If a M15 close above 0.7650 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7500 sell only and do not buy. If price closes back above it again do nothing
The range 0.7650 and 0.7700 is neutral area, any trade done in between is personal decision and not part of this analysis
we can notice from the chart that the pair has closed it's daily candle under 0.7700 , that's mean the down trend is expected and the pair might head to 0.7600 then 0.7570 , however the pair made a hourly correction
If a M15 close above 0.7700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7500 sell only and do not buy. If price closes back above it again do nothing
The range 0.7500 and 0.7700 is neutral area, any trade done in between is personal decision and not part of this analysis
we can see that the pair has closed it's daily candle above 0.7600 . so , that's means that up trend is expected and the pair might head to 0.7670 and then 0.7700 ,but also the hourly correction is expected before continue in the up trend
If a M15 close above 0.7700 buy only and do not sell. If price closes back below it again do nothing.
If a M15 close below 0.7500 sell only and do not buy. If price closes back above it again do nothing
The range 0.7500 and 0.7700 is neutral area, any trade done in between is personal decision and not part of this analysis
the chart is showing that the pair is trading under level 0.7700 , that's mean the down trend is standing and the pair might reach 0.7635 , but if the pair succeeded in breaking 0.7700 , it will head to 0.7735 and then 0.7770
Parity NZD / USD has continued its downward correction and is about to make a pullback of 0.77.
The indicators are mixed.
We continue to treat only the shorts is 0.77 as resistance.