Peet_Serfontein

NZDUSD: might the 200-day give away?

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
A price action above 0.6090 supports a bullish trend direction.
Crossing above 0.6195 might act as further bullish trend support.
The target price is set at 0.6290.
The stop-loss price is set at 0.6045.
Upside price momentum supports the bullish trend direction.
MACD crossover from oversold territory also confirmed a change on trend direction.

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.