By: Investija
Bears once again did manage to breakout by lower boundary at 1.3473 price level. Negative trend is initiated. While candles remain below 1.3473 price barrier, look for further downswings. In order for bulls to recover and gain their strength, bulls need to jump over 1.3473 price level. At the moment selling options are on a table.
NZD/USD- Negative Trend Is Initiated
Bears have initiated negative trend from neutral situation and gained more strength. Significant barrier was broken at 0.7000 price level. While prices remain below this level, selling possibilities are on a table for now.
