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Forex technical analysis: NZDUSD has a mini failure...

Discussion in 'Technical Analysis' started by ForexLive, Aug 2, 2016.

  1. ForexLive

    ForexLive Forum Member

    Sep 2, 2015
    Likes Received:
    Can the price now stay below 0.7237-43 Looking at the hourly chart, the NZDUSD squeezed above the 0.7237-43 area. THis area had some swing highs and lows going back to July 4th. If the price can stay below, there should be some further selling momentum. If it moves back above, get out....

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