Possible Down Trend ! Weekly and Daily Candle stick Confirmations
Been in a Down Trend last couple of days. It can either Restest the 99.20 Support and Rejected and Continue to its Down Trend. Or respect that Price and shift it's way back Up Trend.
NZDUSD has been on a DownTrend since 2/07/17 since the Third Spike Re-testing the Trend line. It Has Reached the Daily Support which ended with a Closed Doji. Its also been Retracing on the .236 Fibonacci Retracement. USD been taking this to a Downtrend, it is time for NZD to retrace back to Uptrend.
Possible Pull to the .69850 Price action before heading to .70540 Zone
Hmm EU hit @ .5200 zone. Looks to me like a Double Bottom