04.07.2019
NZDUSD
The pair is falling after having reached a local maximum. It’s likely to continue consolidating within the range of 0.6655–0.6715 due to the holiday in the US.
The price is above the middle Bollinger band, below SMA 5, but above SMA 14. RSI is above the level of 50% and has reversed downwards. Stoch are also falling.
Trading recommendations:
Sell the pair after it goes below 0.6690 with a possible target of 0.6655.
Thank you for subscribing to our analytics
You already subscribed
Don't have your language?
