Hello, today, we will analyze the NZDUSD trend of January 9, 2019 by the S reinforcement line.
[Points used in the analysis] Today, we will analyze the trend of NZDUSD graph of January 9, 2019 by reinforcing S of the weekly chart.
NZDUSD trend of January 5, 2019 by the S force reinforcement line
NZDUSD chart of January 9, 2019
Overview of NZDUSD
If viewed from the trend, the NZDUSDmonthly trend chart Can see that there is no trend occurring (see Dow Theory)
NZDUSDweekly can see that no training occurs as well See from the star theory (Dow Theory) and still have a strong line with support.
When looking at the NZDUSD daily chart, it can be seen that in the last week, there was an uptrend, but it had already broken into a trend. The conclusion is that all 3 graphs do not have a trend but the price At present, it is close to the resistance line R, which is expected when the brakes are gone and the price is expected to go up again.
Points used to view the graph for 4 hours NZDUSD
4 hour NZDUSD chart, upward trend chart 4 hours have broken down. If cut at the price of 0.67670, it can be a trend. If passed, it is likely to be able to buy.