Forex analytics: NZD/USD, H4
Let’s look at the four-hour chart. Tenkan-sen line is above Kijun-sen, they are both horizontal. Chinkou Span line is above the price chart; current cloud is ascending. The pair has entered the cloud, borders of which have become support (0.7358) and resistance (0.7419) levels.
On the daily chart Tenkan-sen has crossed Kijun-sen from above, indicating new wave of …