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FX.co ★ Fractal analysis of the NZD/USD currency pair

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Forex Analysis:::2009-12-15T15:48:27

Fractal analysis of the NZD/USD currency pair

This currency pair is moving according its structure, which slightly correlates with others. here we may wait for the trend reversal after the divergence has formed.


Trading recommendations:
to sell on the divergence signal with the targets at 0.7219, 0.7040 and 0.6910.


Alternative:
- I will say about it on the Euro.

Fractal analysis of the NZD/USD currency pair

Kind regards,

Analyst: A. Portnov.


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