Technical Analysis : NZD/USD 6 April 2020

Forex Technical Analysis : NZDUSD

Target Level 0.5974

Date : 6 April 2020

Support Line (A) : 0.5844 – TP of Pennant

Resistance Line (B) : 0.5974 – TP of Pennant

Target Period : 21 hours

Interval : 4 hours

Pattern : Pennant

Length : 22 Candles

Detail : Pennant identified at 06-Apr-08:00. This pattern is still in the process of forming. Possible bullish price movement towards the resistance 0.5974 within the next 21 hours.

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.