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NZDUSD TECHNICAL ANALYSIS FOR THE 1ST JULY:- My target is 0.65300 and analysis are given bello-
NZDUSD ANALYSIS ON D1 CHART:-
In 19 April daily high was 0.7053 but 03 May high was 0.7052. Not broken previous high (Resistance) 0.7053 and start downtrend from 03 May. 06 May Daily candle also breakout from daily trendiness. On this day Hit on PARABOLIC SR and start Strong downtrend. Also price is staying below 14, 20 & 50 SMA. But still now price is avobe 200SMA 0.6652. This level is strong suppor…
NZDUSD ANALYSIS ON D1 CHART:-
In 19 April daily high was 0.7053 but 03 May high was 0.7052. Not broken previous high (Resistance) 0.7053 and start downtrend from 03 May. 06 May Daily candle also breakout from daily trendiness. On this day Hit on PARABOLIC SR and start Strong downtrend. Also price is staying below 14, 20 & 50 SMA. But still now price is avobe 200SMA 0.6652. This level is strong suppor…