NZDUSD - Weekly Forecast - Technical Analysis & Trading Ideas!

1198
💡 Midterm forecast (Daily Time-frame):
  • The price is in a Down Trend, but Beginning of Up Trend is forecasted!
  • 0.5799 is Major Resistance.


Take Profits:
  1. 0.57500
  2. 0.57992
  3. 0.58630
  4. 0.59164
  5. 0.60369
  6. 0.61187
  7. 0.62591
  8. 0.63680
  9. 0.65327
  10. 0.67156
  11. 0.70330
  12. 0.72150
  13. 0.74650


💡 Short-term forecast (H4 Time-frame):
  1. Bullish Divergence
  2. Correction wave toward the Buy Zone
  3. Another Upward Impulse wave toward Higher TPs

SL: Below 0.5587
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