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The NZD / USD currency pair, breaking last week 103 points to the south (0.6627 - 0.6524), failed to go beyond the downward trading channel on the daily chart. The indicators at this time hint at the possibility of correction and buying the pair to the resistance levels for the next trading week - 0.6638 and 0.6684. Support levels for the next trading week are now located at 0.6581 and 0.6535.
NZD/USD last week to close at 0.8241, the weekly and daily closing is very weak, not to reverse the decline, is expected next week still continue the downward trend, I choose to sell high. Next week, 0.8350 near sold, 0.8420 stop loss, profit only 0.8200
Today Technical Analysis with the Take profit and stop loses
Pairs is:NZD/USD
Today over all Trend is : BUY
Today strong Resistance level is : 0.6937
Today strong supporting level is : 0.6843
Take profit is: 0.6924
Stop lose is : 0.6867
Uninspiring inflation data from the U.S. weigh on the greenback.
US Dollar Index slumps to 97.20 area.
Uncertainty surrounding U.S.-China trade talks keeps pair's gains limited.
The NZD/USD pair turned north in the early American trading hours and rose above the 0.66 mark supported by the selling pressure surrounding the greenback. As of writing, the pair was up 0.18% on the day at 0.6603.
Nzd usd
My technical analyses of this pair has bearish trend now and position of the Markeet show us bullish on a day when I suggest you can buy this pair.
Pivot point ..0.6591
Resistance
1> Resistance ,,,,,,,0.6625
2> Resistance ,,,,,,,0.6655
3> Resistance ,,,,,,,,0.6685
Support level
1> Support,,,,,,,,,,,,0.6545
2> Support ,,,,,,,,,,,0.6515
3> Support ,,,,,,,,,,,0.6490
If you like then ,,,,,,,,,
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Daily overview for NzdUsd
The price is finding the first support at 0.6571 and the next support is at 0.6546 The price is finding the first resistance at 0.6616 and the next resistance is at 0.6638 I predict price will be continued flying today. The first target is the level 0.6630 After fixing below the first target, then price will go to the level of 0.6660 will become the next one. we need looking fundamental news to get clear signal, don’t be overconfidence in our trading. this market is very dangerous for us. Keep apply our trading rules.
“--- Trading recommendations for trading : Open Buy
Nzdusd
s3: 0.6549
s2: 0.6574
s1: 0.6587
pp: 0.66
r1: 0.6612
r2: 0.6625
r3: 0.665
this is my analysis for NZDUSD
hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 0.6568 and the pair will continue to go down to the next level level at 0.6546 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 0.6577 stop loss at the level 0.6532 and target take profit at the level 0.6612
if market movement as my scenario, you can earn good profit and avoid much loss in your trading . keep trade with discipline and patience, remember..always trade in the direction of the current trend, because trend always your friend.
We explain, help and guide you to possibly make the right decision on when to enter, apply stop loss to protect your capital, take profit, and exit your position.
The short-term view of the CAD/CHF price action in the 60 minutes price chart highlights the direction of the trend and the support and resistance price points.
NZDUSD
hopefully it will be good & understandable and help you to earn good profit in trading. Simple Moving Average chart for this pair seen as an indicator as smoothly up movement, so it is possible the breakdown of the resistance level at 0.6568 and the pair will continue to go down to the next level level at 0.6546 in my personal view this pair will be continue bullish trend, for intraday trading today
I advice to entry SELL Order at the level 0.6577 stop loss at the level 0.6532 and target take profit at the level 0.6612