Technical Analysis : NZD/USD 12 May 2020

Forex Technical Analysis : NZDUSD

Target Level 0.6148

Date : 12 May 2020

Support Line (A) : 0.6041 – Last TP of Channel Up

Resistance Line (B) : 0.6148 – Last TP of Channel Up

Target Period : 2 days

Interval : 1 hour

Pattern : Channel Up

Length : 120 Candles

Detail : Channel Up identified at 12-May-13:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6148 within the next 2 days.

Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.

Source : Autochartist

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– Analysis as low as 15 minute data intervals.

– Short term forcasts.

– Risk and volatility information.