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denizates39

NZDUSD Ideal Long

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
denizates39  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Technical Indicators Chart Patterns Trend Analysis
2
0
indicator chartpattern trendanalysis
Reasons for long,

  1. NZDUSD is currently in correction and pullback to 0.618 fibo completed
  2. Price has touched 200 SMA in 1h chart.
  3. It has retested the broken trend line.
  4. RSI is also oversold after correction in 1h chart.
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