ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor NZD/USD Long-Term Trend: Bullish
Key Resistance Levels: 0.59146, 0.59685, 0.59938
Key Support Levels: 0.58550, 0.58301, 0.58009
Daily Chart:
The price on the higher time frame has recently been in an uptrend. It tested a support level of 0.58009 and bounced back. The pair has also broken a few resistance levels which suggests further trend continuation.
NZD/USD Medium-Term Trend: Bullish
1-Hour Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It broke a resistance area recently to shift the short-term trend to bullish. As of now the pair has broken and retested a minor level of 0.58550 before continuing the momentum.
Signal Idea:
Buy Limit Order @ 0.58821
TP @ 0.59101
Stop Loss @ 0.58540
Trade Safely 🙂
This trading signal is not financial advice, it is only education, and our opinion. Any trade you take is your decision. Trade safely.
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