Ọja NZDUSD N Ngbaradi lati Tẹsiwaju Aṣa Rẹ si isalẹ

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Onínọmbà NZDUSD - Oṣu Kẹjọ Ọjọ 1

NZDUSD market is preparing to continue its trend downward. Immediately after the resistance level of 0.7330 was hit on February 22, 2021, a fake-out occurred, and the bears stormed the market. Before the bears completely dominated the market, NZDUSD had been rallying upward.


Market Major Awọn ipele

Awọn ipele resistance: 0.6530, 0.7330
Awọn ipele atilẹyin: 0.5480, 0.4890

Ọja NZDUSD N Ngbaradi lati Tẹsiwaju Aṣa Rẹ si isalẹNZDUSD Gigun-igba Aṣa: Bearish

After prices hit the resistance levels, for some time, the market struggled to continue its trend in an upward direction. For more than a month, the market consolidated around the resistance level of 0.6530 before resuming its upward trend. After the resistance level at 0.7330 was hit, the bulls and the bears struggled to dominate the market. The market order flow changed from an uptrend to a downtrend as the market trended downward after the fake-out at the resistance level of 0.7330.

The bears succeeded in taking over the market from the local high and led the market towards the previous support at 0.6530. The bulls again took over the market but had only a short-lived aftereffect. After the bears stormed and dominated the market, the swing highs formed resulted from the indication of the Relative Strength Index (RSI), revealing that the market was in the overbought region. The break and retest of the previous support level of 0.6530 and the cross of the Moving Averages (MA) confirm that the market is in a downward trend.

Ọja NZDUSD N Ngbaradi lati Tẹsiwaju Aṣa Rẹ si isalẹNZDUSD Igba Kukuru Aṣa: Bullish

A change of character (CHOCH), or a shift in market structure, has occurred in the four-hour timeframe, and the market order flow now appears to be bullish. The market trend is expected to remain bullish until the 0.618 Fibonacci retracement level is reached and a CHOCH occurs as the four-hour timeframe flips bearish.

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Azeez Mustapha

Azeez Mustapha jẹ alamọja iṣowo, oluyanju owo, olufihan awọn ifihan agbara, ati oluṣakoso owo pẹlu ọdun mẹwa ti iriri laarin aaye owo. Gẹgẹbi Blogger ati onkọwe iṣuna, o ṣe iranlọwọ fun awọn oludokoowo ni oye awọn imọran eto inọnwo ti ilọsiwaju, mu awọn ọgbọn idoko -owo wọn dara si, ati kọ ẹkọ bi o ṣe le ṣakoso owo wọn.

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