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Nzdusdforecast

long at 0.6842 target 0.6895 and 0.6940 and morei am enter long right now at 0.6843 for targeting 0.6895 and 0.6940 even bad trade balance and new monetary policy i think it will be time to Nzdusd to get a great pullback he is much oversold in daily time frame he just touch a big weekly and monthly support entry at 0.6842 target in 2 step with 2 opening position target 1 = 0.6895 target 2= 0.6940 even a target 3 around 0.6970 who is the uptrend line since 2015 who he breakdown SL 0.6773
Long
by corsicasia
long at 0.6955 target 0.7055The nzd is around the down T-line july 2017 and the long up T-line from Sept 2015 SO technically i see a rebound on this technical cluster/area i also think the qell-off of the NZD will be done for a short term coz is onli on a speculation of a singapor style monitary policy that is quiet impossible to do for New Zealand Aslo even is political problem of uncertainly they cannot forget the upbeat CPI and GDP last printed. i will not talk again that he is oversold much and on weekly-monthly support and after more than 1.5% down need a correction highter Long at 0.6950 target at 0.7055 gain 105 pips open two different position
Long
by corsicasia
6
NZDUSD : THE FORGOTTEN ONE?Hi traders, Our dear friend NZDUSD is now in our sight. This pair was in an uptrend for some time before breaking it to the downside. As you can clearly see the price went back to touch the bottom of the previous trend line before falling down yet again. The price is now battling in that order block. Since the bias is bearish at the moment, we waited for a retracement to previous FIB extension and the top of the order block to go SHORT on this pair. All other details are in the chart, go take a look! Here's my view : NZDUSD SHORT: ENTRY : 0.72124 SL : 0.72657 TP 1 : 0.70643 Trade safe! Disclaimer: This is my trading analysis, it is not an invite or recommendation to trade.
Short
by ScottMescudiForex
NZDUSD : CLEAR HEAD & SHOULDERS PATTERN FORMING?Hi traders! As I looked through my charts this morning, NZDUSD spoke to me. I'm seeing a head and shoulder pattern forming on the daily time frame! I'm torn though because I don't see the USD getting stronger but the NZD can make a case for itself to be a weak currency at the moment too. MACD is almost crossing and RSI bounced off the 50 line. The RR is pretty awesome if this trade fall through, as the initial TP would be hit and I could let the price go down some more and just trail it. NZDUSD SHORT : ENTRY : 0.73199 SL : 0.73921 TP : 0.71117 For me, the 70 pips risk looks like it's worth it. It's a risky-er trade than the one I usually post but the analysis is on point. Trade safe guys!
Short
by ScottMescudiForex
5