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.