NZD/USD PRICE ANALYSIS: SHORT-TERM TREND PROBABLY REVERSING... dari hagijeee

05 Apr 2024, 23:34 · Views 160

NZD/USD has probably reversed its downtrend on the short-term timeframe.
It was falling in a large Measured Move pattern, however, there is a chance this may not reach the target for C.
A bullish close on Thursday would result in a “Three White Soldiers” Japanese candlestick reversal pattern on the daily chart.

NZD/USD has been broadly falling in a bearish three-wave pattern, known as a Measured Move but intraday charts are now signaling that the short-term trend has probably reversed.

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