NZDUSD - Support becomes resistance

This area looks to now be holding as a resistance level, this is after the price had previously broke it as a level of support. The price has just recently moved inside the zone and seems to have broken out the bottom, this could possibly be a break. The best idea at this moment would be to watch the market until a stronger signal can be spotted. The RSI is getting closer to being oversold, and the price seems like it may slow down soon.
Chart PatternsTechnical IndicatorsNZDNZDUSDRelative Strength Index (RSI)Trend AnalysisUSD

Juga pada:

Penafian