Technical Analysis : NZD/USD 13 March 2020

Forex Technical Analysis : NZDUSD

Target Level 0.6343

Date : 13 March 2020

Support Line (A) : 0.6092 – TP of Channel Down

Resistance Line (B) : 0.6343 – TP of Channel Down

Target Period : 23 hours

Interval : 1 hour

Pattern : Channel Down

Length : 83 Candles

Detail : Channel Down identified at 13-Mar-10:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.6343 within the next 23 hours. (Supported by RSI below 40)

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.