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 DonchianDoda-Bollinger BandsIchimoku and ADX Candles in this chart. Time frame used is H4.

NZDUSD Technical Chart
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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