R.Linda Trading - forecast

Trading signals for #NZDUSD β†’ Shake-up the support of the uptrend. Bullish potential

2023-07-31 07:19 FOREX forecast
πŸ’‘Ideas For NZDUSD πŸ‡³πŸ‡Ώ/πŸ‡ΊπŸ‡Έ

πŸ“ˆ NZDUSD β†’ Shake-up the support of the uptrend. Bullish potential

βž– βž– βž– βž– βž–

NZDUSD forms a false breakout after retesting trend support, so we have the prerequisites for a new bullish movement

The price returns to the boundaries of the ascending channel after the support shake. Earlier, there was a shake-up of resistance, and the price fell to support. The price tests the Fibo 0.236 and forms a consolidation above this line, the support line also coincides.

Consolidation of the price above this area will form a bullish potential, and in the medium term, the price may show strengthening.

The global trend remains neutral, the local trend is still bullish. Moving averages may give a signal in the near term.

Support levels: 0.236 Fibo, Trend support

Resistance levels: 0.382 fibo, 0.6305

I expect the price to consolidate above this support area with further strengthening to 0.6305 or 0.6381.

βž– βž– βž– βž– βž–

#NZDUSD πŸ‡³πŸ‡Ώ/πŸ‡ΊπŸ‡Έ

〰️〰️〰️

🟑 How do I join the VIPπŸ”…

⚑ Join the VIP channel 🟒

〰️〰️〰️

πŸ’¬ My Contact - Ask Lindaβœ…οΈ

πŸ’» Web - RLinda.com βœ