Weekly Predictions (Feb 11 - 15)

Education

New Zealand Dollar / U.S. Dollar (FX:NZDUSD)

Updated

FX:NZDUSD New Zealand Dollar / U.S. Dollar

Support and Resistance Oscillators Moving Averages NZDUSD predictions dailychart 4hrchart hourlychart

supportandresistance oscillator movingaverage nzdusd predictions dailychart 4hrchart hourlychart

- Price approaching previous support/resistance

Comment:

4-hr chart

snapshot

- Price currently consolidating
- Oversold

Comment:

1-hr chart

snapshot

- Price seems to want to go on an upward trend but is struggling to cross EMA (25, close)

Comment:

What to look out for?
- Wait for price to cross EMA (25, close) on the upside on the hourly chart and a retest to enter long

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