glennmercer

Kiwi Respecting Modified Schiff in Exanding Wedge $NZD $ZXY

Short
TVC:ZXY   New Zealand Dollar Currency Index
Bias is toward the downside as we see the kiwi respecting a modified schiff through a potential final leg of an expanding triangle. If top resistance is broken, this bias will be re-evaluated. For now, target is near bottom trendline and bottom median line parallel.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.