Forex analytics: NZD/USD, H4
Let’s look at the four-hour chart. Tenkan-sen line has crossed Kijun-sen from below, forming a signal to buy. However, upward impetus was not enough, and the pair has been corrected back to Kijun-sen line (0.7316). Chinkou Span line is following the price chart; current cloud is ascending. The main resistance level is the lower border of the cloud (0.7442).
On the …