ForexRobotNation.com – Best Forex Robot & Expert Advisor Reviews Forex Robot, Expert Advisor NZD/USD Long-Term Trend: Bullish
Key Resistance Levels: 0.57856, 0.58401, 0.58758
Key Support Levels: 0.57697, 0.57003, 0.56277
Daily Chart:
The price on the higher time frame has recently tested a strong support level and reacted strongly from there. The pair has shown bullish reaction from the marked demand zone which suggests an uptrend momentum.
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 at 0.57697. As of now the pair has reacted and broken the minor bearish structure before continuing the momentum.
Signal Idea:
Buy Limit Order @ 0.57819
TP @ 0.58038
Stop Loss @ 0.57600
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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