Technical outlook and ideas for Forex pairs
We have outlooked several promising Forex pairs and the result can surprise you!
NZD/USD: is the correction over?
Information is not investment advice
Last week NZD/USD once again met resistance in the 0.6155 area. As you can see from the chart, this area stopped the pair twice before within the recent month. Support is at 0.6080 and 0.6065. The slide below the latter will open the way down to 0.6040. On the contrary, the advance above 0.6115 would mean the bullish flag and open the way up for another retest of 0.6155.
Trade ideas for NZD/USD
SELL 0.6080; TP1 0.6065; TP2 0.6040; SL 0.6090
BUY 0.6120; TP 0.6150; SL 0.6105
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