NZD/USD: End of Correction?
Updated
NZDUSD Technical analysis suggests that the correction in the NZD/USD currency pair is likely over.
Based on the available evidence, the recent downtrend in the NZD/USD pair is expected to end and we should see an upward movement in price.
The 0.59588 level can be considered as a good entry point for long positions.
Important notes:
Do fundamental analysis as well before entering a trade.
Use proper risk management.
Remember that no analysis is certain and there is always a risk of error.
Note
With 7 pips my order was not activatedTrade closed: stop reached
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