OANDA:NZDUSD   Dollar Néo-Zélandais / Dollar Américain
20 0 1
Current trend

The New Zealand currency grew most of all the commodity currencies. It was supported by last week publication of the New Zealand Trade Balance, which exceeded the analysts’ expectations twice.

On the daily chart the dynamics of the pair is seen within two ranges simultaneously. The price bounded from the lower border of the black channel D1 and now is in the resistance zone between the lower border of the blue channel D1, which has been supporting the price for almost two years, and the resistance level of 0.7075.

Today there is no macroeconomical release, which can affect the pair; the more likable scenario is further growing of the pair.

Support and resistance

Support levels: 0.7000, 0.6900, 0.6865, 0.6800.

Resistance levels: 0.7075, 07170, 0.7240.

Trading scenario

Open long positions at the current price, with the target at 0.7100, 0.7170 and stop loss at 0.7030.

Sell the pair at the level of 0.7000 with the target at around 0.6900, 0.6865 and stop loss at 0.7035.

Implementation period: 1-2 days.
More analytic from LiteForex:
English https://www.liteforex.com/trading/forex-analysis/?uid=880952068&cid=12118
Malay https://www.liteforex.my/trading/forex-analysis/?uid=880952068&cid=12118
Français
English
English (UK)
English (IN)
Deutsch
Español
Italiano
Polski
Türkçe
Русский
Português
Bahasa Indonesia
Bahasa Melayu
ภาษาไทย
Tiếng Việt
日本語
한국어
简体中文
繁體中文
Accueil Screener d'Actions Outil de recherche des signaux forex Détecteur de signaux de cryptodevises Calendrier économique Comment ça marche Caractéristiques du graphique Règles de conduite Modérateurs Solutions site web & courtier Widgets Bibliothèque graphique Demande de fonctionnalité Blog & actualités Questions Fréquentes Aide & wiki Twitter
Profil Paramètres du Profil Compte et Facturation Mes tickets au support Contactez le support Idées Publiées Suiveurs Suivis Messages privés dialogue en ligne Se Déconnecter