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Mihai_Iacob
Aug 9, 2022 5:08 AM

NzdUsd can rise to 0.65 zone Long

New Zealand Dollar/U.S. DollarFXCM

Description

After the drop under 0.62 important support and a touch of 0.6050, NzdUsd has reversed and made a high around 0.63.
A consolidation followed and the pair formed a strong base at 0.62
At this moment a new leg up can follow and the pair can rise to 0.65 zone
I'm bullish as long as NzdUsd stays above support
Comments
KlejdiCuni
I am watching for the same price development. The actual volume is a bit low but it can increase faster during the day.
Mihai_Iacob
@KlejdiCuni, yes, let s see.
As long as it stays above 0.62 is bullish.
Thanks for comm
P_S_trade
Nice possible trade
Mihai_Iacob
@P_S_trade, thanks for support
RLinda
Nice TA. Thanks. Keep it up)
Mihai_Iacob
@RLinda, thanks
CryptoCheck-
Very clear chart and highly likely scenario! Thanks for pointing it out!
Mihai_Iacob
@CryptoCheck-, thanks for comm
Babenski
Nice setup
TopTradingSignals
Yes, same opinion!
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