*This week all traders are waiting the FOMC Meeting Minutes.
The pair now is standing at 0.6970 which is near the monthly high of December 2018, it can go more up to hit the monthly SMA 200 at the price level 0.7170
My view based on the both Daily & Weekly Charts this is a good area to start the short sell because it should go down again to the level price 0.5880 on coming months.
*Also based on MACD indicator for H4 chart we have a bearish divergence has formed last week and this pattern must push the pair down to the price level 0.6720 during the coming days and weeks.
More Details about this trading idea includes the entries and targets are available on NAJJAR INVEST - Accurate Forex Signals
The pair now is standing at 0.6970 which is near the monthly high of December 2018, it can go more up to hit the monthly SMA 200 at the price level 0.7170
My view based on the both Daily & Weekly Charts this is a good area to start the short sell because it should go down again to the level price 0.5880 on coming months.
*Also based on MACD indicator for H4 chart we have a bearish divergence has formed last week and this pattern must push the pair down to the price level 0.6720 during the coming days and weeks.
More Details about this trading idea includes the entries and targets are available on NAJJAR INVEST - Accurate Forex Signals
Trade active:
NZDUSD has reached the second target 0.6150 and now its standing near 0.6105.
Based on weekly and Monthly Charts it will need to reach my third target within my Markets Forecast which posted on NAJJAR INVEST - Accurate Trading Signals
Based on weekly and Monthly Charts it will need to reach my third target within my Markets Forecast which posted on NAJJAR INVEST - Accurate Trading Signals