New Zealand Dollar / U.S. Dollar
Long
Updated

NZDUSD Price Advantage

6765
New Zealand has fared better during the coronavirus pandemic than most other countries on the planet giving it an advantage to restart a growth based economy. New Zealand Dollar is well-positioned for more gains, similar to its sister the Australian Dollar

Traders are further net-short than yesterday and last week (acording to IG), and the combination of current sentiment and recent changes gives a stronger NZD/USD-bullish contrarian trading bias.

TARGETS
Intra Day level 0.70978
Level To Reasses Overall Trend 0.7117
Note
PROFIT TARGET 1 HIT
snapshot
Note
PROFIT TARGET 2 HIT
snapshot
Trade closed: target reached
💥🚀 All trades closed in proft. No trend trades until after the FED

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.