1. Bullish cup & handle pattern forming. 2. Price is hugging the resistance 0.90027 area, waiting for buyer to push higher. 3. Once break this resistance, price is expected to head to 0.93223 area. 4. If breakout failed, price expected to move south to support 0.88631 area.
1. Price forming ascending flag pattern and approaching the resistance trendline. 2. Expect price movement either hit the resistance trendline and pullback, or breakout the ascending flag pattern and move south. 3. Notice there's RSI divergence formed, lesser buyer in the market and thus price will go down south soon.
1. Price bounced off the support zone again. 2. Price expect to test resistance at 107.766 in short term.
1. Price went up to 0.61579, formed Triple Top and retraced to 78.6% Retracement Level. 2. Price is waiting confirmation to break down towards 61.8% Retracement Level, or remain sideways. 3. New Zealand Retail Sales number just released, down -0.7% quarter-to-quarter, bearish to the Kiwi.
1. Price is heading down to support zone between 107.42 & 107.31. 2. Price expected to bounce off this support zone and heading to resistance zone of 108.095.