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NZD/USD Potential Upward Movement

NZD/USD Long-Term Trend: Bullish

Key Resistance Levels: 0.62000, 0.62398, 0.62783

Key Support Levels: 0.61554, 0.60978, 0.60468

4-Hour Chart:

The price on the higher time frame has been in an uptrend recently after it tested a support level of 0.60394 and bounced back. The pair has also broken a few levels which suggests further trend continuation.

NZD/USD Medium-Term Trend: Bullish

30-Minute Chart:

On the lower time frame, the pair is moving in the major trend’s direction. It broke a consolidation zone of 0.60468 and 0.60978 and has sustained above that. As of now the pair has broken and retested a minor level of 0.61554 before continuing the momentum.

Signal Idea:

Buy Stop Order @ 0.61726

TP @ 0.61939

Stop Loss @ 0.61513

Trade Safely 🙂

About Vipul Rathaur

A trader with more than six years of experience, Vipul is a discretionary trader and uses multi time frame analysis for his analysis and price action for his trade signals. Believes that risk management is the secret to making it in this world. He trades major Forex pairs, Indices, and Commodities.


  1. Ofentse Kalaloka


  2. What does it entail to join the vip?

  3. Thanks Vipul, I closed out and took the profit.

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