NZDUSD approaching support, potential for a bounce!
NZDUSD is expected to drop to 1st support at 0.63732 where it could potentially react off and up to 1st resistance at 0.64101.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
Nzdusdbuy
NZDUSD LongHey guys its Brian here with long opportunity for NZDUSD.
-On 1D time frame seems bullish.
-Price recently spiked up too so there is strong upward momentum.
-Wait for price to correct finish before entering long.
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NZDUSD to climb from upside confirmation, potential bounce!
NZDUSD to climb from its upside confirmation at 0.63470 where it could potentially bounce further to 0.63908.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
NZDUSD - DAILY CHART - Kiwi can pull up nicelyNzdusd - Daily chart - Price action suggests further mid-term upside on this pair as price is taking out supply and creating fresh demand zones. Im anticipating price to dip into the daily demand zone highlighted and then reverse back up towards 0.65s...
NZDUSD reversed from resistance, potential drop!
NZDUSD reversed off its resistance at 0.63752 where it could potentially drop further to 0.63335.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.
NZDUSD approaching support, potential for a bounce!
NZDUSD is expected to drop to 1st support at 0.63570 where it could potentially react off and up to 1st resistance at 0.64030.
*Disclaimer.*
Trading leveraged products carries a high level of risk and may result in you losing substantially more than your initial investment. Pepperstone Group Limited is licensed and regulated by the Australian Securities and Investments Commission (AFSL 414530). Pepperstone Limited is authorised and regulated by the United Kingdom Financial Conduct Authority (FRN 684312). This information is not intended for distribution to, or use by, any person in any country or jurisdiction where such distribution or use would be contrary to local law or regulation.