Technical Analysis : NZD/USD 27 May 2020

Forex Technical Analysis : NZDUSD

Target Level 0.6252

Date : 27 May 2020

Support Line (A) : 0.6094 – Last TP of Ascending Triangle

Target Period : 3 days

Interval : 4 hours

Pattern : Ascending Triangle

Length : 67 Candles

Detail : Ascending Triangle has broken through the resistance line at 26-May-16:00. Possible bullish price movement forecast for the next 3 days towards 0.6252. (Supported by Upward sloping Moving Average)

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.