I expect that it will break a moving average, I am waiting with short position.
That should interest you
Quotations of the currency pair New Zealand Dollar to US Dollar NZD/USD continue to move as part of the fall and the downward channel. Moving averages indicate a short-term bearish trend for the pair. Prices broke down the area between the signal lines, which…
Pair of New Zealand Dollar priced in US Dollar has been in strong uptrend since November. Today candle is in red colour, so new higher high could be made at the end of day. If it will happen, there would be RSI divergence. On price chart there would be higher…