Get started

Nzdusdforecast

NZD/USD - Bullish OpportunityNZD/USD has broken above the 200 EMA on the 4H chart and is finding support on top of it for the first time since the month of April. This is a good sign of the beginning of a long term reversal. As long as that support holds, we can expect NZD/USD to continue upwards and eventually hit our TP. Then do a pullback and hit either the 50 EMA or the 200 EMA to continue further up. Give it some more time to confirm it's support and strength to move up then enter. Trade safe.
Long
by MoolahMaker
NZDUSD analysisNZDUSD Recently we witnessed this pair smash through the bearish trend. Now, - Can we expect this underlying bullish trend line to hold justice & see price make its way back up & potentially past recent resistance to verify this bullish movement into a true trend. - Or, is this simply the bearish trend (as seen on the Daily) coming back into play. Save to say we must wait to see how this pair acts around this zone. As previous support as well as both bullish , bearish & MA are meeting + Fib retracement 32.8 zone Its not hard to say that patience is always key. No need to trade just to trade when you dont need to. Wait till the markets give a clear opportunity etc or else youre just gambling. cheers..
by justdame