NZDUSD failed on a break below a key trend line this wk. Does it open a door for buyers?

  • Not so fast! Buyers have some control, but they need to do more.

NZDUSD sellers failed on a break below a key trend line on the daily chart this week. Does that failed break open a door for buyers going forward?

Not so fast!

Buyers have some control on the failed break, but they need to do more.

In this video, I take a look at the NZDUSD from a technical perspective and out line the key levels in play and what needs to be done by those buyers if they are to take more control going forward.

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