Thread: Nzd/Usd
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A new reversal indication in 0. 8348 recently, ended up being established by simply MA corner right now. So it will be evidently that will NZDUSD will certainly slide right now. Your match may slide in direction of 0. 8290, and might carry on and just 0. 8253.
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time frame- Day
the price is break the strong resistance at the 0.8500 and move to up side but it is not able to move more and price is again reverse and turn lower side. the price is lower side we can short is pair with the target lower support at the 0.8100
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Nzd/usd pivot levels for today by using : fibonacci pivot indicator.
r3:0.8544
r2:0.8512
r1:0.8492
pivot :0.8460
s1:0.8428
s2:0.8408
s3:0.8376
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see movement in the NZDUSD pair H4 timeframe, there is still no meaningful signal. because it is still sideways range between trendline and the blue box as illustrated below. if only break point of the Fibonacci 38.2% then it is possible to go up, and vice versa if the 61.8% fibonacci break point it is possible to go down.
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Calculation results Pivot Today
Resistance 2 = 0.8548
Resistance 1 = 0.8506
Pivot Point = 0.8467
Support 1 = 0.8425
Support 2 = 0.8386
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At the 4-hour chart is clearly seen that the couple are under intense pressure to bear concentrated their forces in the area of moving an alligator, but to sell too early, it needs to wait for a break lower fractal zone 8423 it will open the 8400 and 8370, the alternative-break 8470 will open 8500 8540.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
NZD/USD intraday: the upside prevails. BULLISH Trend.
Pivot: 0.8415
Our preference: Long positions above 0.8415 with targets @ 0.8475 & 0.851 in extension.
Alternative scenario: Below 0.8415 look for further downside with 0.837 & 0.835 as targets.
Comment: the pair stands above its new support and remains on the upside.
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Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
On the NZD / USD has just decided to open the package, the couple managed to overcome the rough upper bound converging triangle thus making it clear that the bulls have a greater advantage now the pair is trading near the bottom of the oblique line, and it will be the start point of the northern growth target figure of 8500, still below 8430.
Though trading on financial markets involves high risk, it can still generate extra income in case you apply the right approach. By choosing a reliable broker such as InstaForex you get access to the international financial markets and open your way towards financial independence. You can sign up here.
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