NZDUSD Technical chart | 30-Oct-2017

Below is the technical chart of NZDUSD explained with different technical indicators.


NZDUSD Technical Chart


I’ve used Doda Donchian, Doda-Bollinger Bands, Ichimokuand ADX Candles in this chart. Time frame used is H4.


NZDUSD Technical Chart


NZDUSD started its downtrend on 19-Oct-2017 from 0.70960 and rests around 0.68197. In the last trading session, it tried to move little bit upward but bearish signals pulled it down.


As a result, another leg of downtrend has been started in this forex currency pair chart and one has the opportunity to take Short sell @0.68487. Doda Donchian has already given Sell signal and the price is trading below ichimoku Kumo and Doda Bollinger bands.


Major Support Levels for NZDUSD








Major Resistance Levels for NZDUSD








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