Main Quotes Calendar Forum
flag

FX.co ★ Technical analysis of NZD/USD for May 17, 2018

parent
Forex Analysis:::2018-05-17T03:35:59

Technical analysis of NZD/USD for May 17, 2018

Technical analysis of NZD/USD for May 17, 2018

The bias for NZD/USD at 4-hour charts is still in Bearish condition, for a few days ahead there is possibility for this pair to going down to test their next support at 0.6848 level, this condition already spotted by the William %R (14) now in Overbought condition, as long as NZD/USD not exceed and breakout from the 0.6984 level there is high probability for this pair to continue their downside movement.

(Disclaimer)

Analyst InstaForex
Share this article:
parent
loader...
all-was_read__icon
You have watched all the best publications
presently.
We are already looking for something interesting for you...
all-was_read__star
Recently published:
loader...
More recent publications...