#resistivetrendline

[traderpulse]

NZD/USD Technical Analysis ~~ As suggested earlier, the counter found support at the supportive trendline and bounced off. ~~ Now, it has broken the resistive trendline as well and consolidating just above it. ~~ We expect the pair resume to bull trend and head to the immediate resistance marked in the chart. ~~ The support zone marked in the chart can cap the declines. Get the free analysis: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com

[traderpulse]

EUR/USD Technical Analysis --> The counter has been declining ever since it hit the 52-week high of 1.14208. --> It found support with a trendline and trying to claw its back. --> It is evident with the formation of an inverted head and shoulder pattern, however, the neckline seems to be a tough nut. --> A break above the neckline can push the price either to resistive trendline or price action resistance of 1.12920. --> As the pair has consolidated for a longer duration, a break above the resistance levels is feasible and in case it ferments, it could lead to a strong bullish move. Get the right analysis now: Android: https://play.google.com/store/apps/details?id=com.traderpulse.analysis IOS: https://apps.apple.com/app/forex-analysis/id1358603638 Web: https://analysis.traderpulse.com