NZD/USD rallied after the retest of the upside line of the Falling Wedge pattern and now reached the up sloping red line. Has dropped below the 50% retracement level, but the sellers weren’t able to keep it there.

I’ve said in the previous reports that a minor consolidation here will send it towards the third warning line (WL3).

- advertisement -


Please enter your comment!
Please enter your name here

This site uses Akismet to reduce spam. Learn how your comment data is processed.