FX:NZDUSD   New Zealand Dollar / U.S. Dollar
122 0 0
Long term trend: Up
Medium term trend: Down
Significant Levels: 0.7370 - 0.7460 (Horizontal Support), 0.7660 (Horizontal Resistance), 0.7000 (Significant Round Number), Fibonacci Retracement

Currently, the price is just below the 50% Fibonacci Retracement level. As we are still bearish on this market, we would look for a probable Short trade. We would prefer to look selling this pair near the 38.2% retracement because that level is near our current resistance.

Today's price opened around 50 pips above the previous close. This indicates that bulls were in control. Although that is the case, we are still going to Short this currency pair and would look to sell near the resistance. For now, we should be patient and wait what the market will tell us.

Trade well.
English
English (UK)
English (IN)
Deutsch
Français
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体
台灣
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out