ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor NZD/USD Long-Term Trend: Bullish
Key Resistance Levels: 0.57353, 0.57619, 0.57772
Key Support Levels: 0.56825, 0.56352, 0.55835
Daily Chart:
The price on the higher time frame has recently been in an uptrend after it tested a support level of 0.55835 and bounced back. The pair has now retested a strong demand zone, which suggests further trend continuation.
NZD/USD Medium-Term Trend: Bullish
15-Minute Chart:
On the lower time frame, the pair is moving in the major trend’s direction. It has shown pullback to the marked support area. As of now the pair has reacted and broken the minor bearish structure before continuing the momentum.
Signal Idea:
Buy Stop Order @ 0.57059
TP @ 0.57353
Stop Loss @ 0.56764
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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