Strifor || NZDUSD-07/05/2024
Preferred direction: BUY
Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair.
Here, too, the most likely scenario is an increase from current prices (scenario №1). A less likely scenario involves a preliminary fall to 0.59857 (scenario №2). We consider the growth target near the level of 0.60713.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The New Zealand dollar is also seen in favor of buyers. Here, the expected growth according to the two scenarios is in many ways similar to the situation for the AUDUSD currency pair.
Here, too, the most likely scenario is an increase from current prices (scenario №1). A less likely scenario involves a preliminary fall to 0.59857 (scenario №2). We consider the growth target near the level of 0.60713.
Additional comments on this trade will be provided as situation changes. Follow us!
Thank you for like and share your views!
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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.