NZD / USD exchange rate today, has shown very strong growth, the pair completed the remedial stage and repulsed from the blue sliding Ichimoku renewed medium-term growth, I still bought it, I have a 8000 goal of profit to all.
NZD / USD exchange rate today, has shown very strong growth, the pair completed the remedial stage and repulsed from the blue sliding Ichimoku renewed medium-term growth, I still bought it, I have a 8000 goal of profit to all.
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I think that the rate will go up and down very silnіy resistance level, while waiting for an entry point.
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The MACD histogram is still located in the positive zone and slightly above its signal line, and continues to go down smoothly. Stochastic Oscillator is oversold and generates a signal to buy. Price is now sandwiched between two levels of 0.7930 - 0.7990, so you have to wait for the breakdown of call in position ..
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The pair is in a strong trend Bychin until the course is not able to overcome the resistance level of 7986 and went to a small correction at the approach to the support of 7934 I will buy, buy, and even if the course will be able to break through the level of 8000.
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The RSI is mixed bullish. Long position is preferable at 0.7960 with price targets 0.7990 and 0.8035. If it goes to below 0.7935 then we can expect downward movement 0.7910 and 0.7880 as price targets.
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Unlike the currencies of neighboring Australia, NZDUSD looks experienced a slight correction. It now is under the daily pivot. If this condition persists, it is likely this pair will go down to the 0.7929 level. But if it managed to rise above the pivot again, it is likely to continue its bullish to the 0.8011 level.
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NZD/USD
At this moment the pair NZD/USD has been moving down1626.25 is the next level of rsistence and it will meet 1629.94 if it breaks. We have 1.618.98 for support and 1.614.01. I expct this level to hold. Last time price was at that level had a good reaction. A 0.78 fibonacci number, is near at the moment price is trading below yesterday low.
Today Daily Pivot point for this pair is 1624.033
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Today the couple has shown strong growth in the north, the course even managed to break through the 200 sliding on the daily chart (which is also a strong resistance level) and now trades above this line, the goals I think there are about 8072.
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The pair showed very strong growth, and the price goes farther to the north, the Ichimoku displays a signal three signal lines of the northern continuation of the movement, I still continue to watch this pair in order to buy after a brief pullback.
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