
On the NZD/USD currency pair, the bearish sentiment has been prevailing for quite a long time. Nevertheless, the current technical pattern indicates the development of the correctional movement. Near the key support of 0.68250, a classic reversal pattern of Triple bottom (D1 timeframe) was formed. The local resistance is the level of 0.69300. We recommend you to pay attention to this situation.
If the price fixes above 0.69300, it is necessary to consider purchases of NZD/USD. The immediate goal for fixing profits is a round level of 0.70000. In the medium term, NZD/USD may reach 0.70600-0.71400. Confirmations and entry points to the market should be looked for on lower timeframes.
by 2017.12.11
,Este artículo representa una opinión personal y no debe interpretarse como un consejo de inversión, y/u oferta, y/o una petición persistente para llevar a cabo transacciones financieras, y/o una garantía, y/o un pronóstico de eventos futuros.
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