BULLISH CANDLESTIC PATTER INVERTED HEAD AND SHOULDER ON NZDUSD

2020-03-05 16:28:14

The NZD/USD now shows an inverted head and shoulder candlestic pattern for bullish trend on 4H Time frame after trading within a narrow range yesterday. For the upward trend to extend, the price needs to push higher to 0.6313 which it has done, which can result in the second resistance level of 0.6335 being tested.

Bias: BUY @ CURRENT PRICE 0.6315 TARGET 0.6354 SL 0.6279