However, Robertson refrained from mentioning possible steps to be taken to solve the problem.
NZD/USD, 30 min
Pivot: 0.7196
Analysis:
Provided that the currency pair is traded below 0.7225, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7196
- Take Profit 1: 0.7154
- Take Profit 2: 0.7135
Alternative scenario:
In case of breakout of the level 0.7225, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7225
- Take Profit 1: 0.7257
- Take Profit 2: 0.7276
Comment:
RSI shows the possibility of a downtrend during the day.
Key levels:
Resistance Support
0.7276 0.7154
0.7257 0.7135
0.7225 0.7116
NZD/USD, D1
Pivot: 0.7178
Analysis:
While the price is below 0.7310, follow the recommendations below:
- Time frame: D 1
- Recommendation: short position
- Entry point: 0.7178
- Take Profit 1: 0.7090
- Take Profit 2: 0.7000
Alternative scenario:
In case of breakout of the level 0.7310, follow the recommendations below:
- Time frame: D 1
- Recommendation: long position
- Entry point: 0.7310
- Take Profit 1: 0.7450
- Take Profit 2: 0.7550
Comment:
RSI shows a downtrend in the medium term.
Key levels:
Resistance Support
0.7550 0.7090
0.7450 0.7000
0.7310 0.6900
XAGUSD | SILVER/USD Forecast Fundamental Analysis | Silver Ounce / US Dollar
Prev article
EUR/JPY | Euro to Japanese Yen Trading Analysis
Next article
Recent articles
EUR/JPY | Euro to Japanese Yen Trading Analysis
ECB head Lagarde: so far we see no signs that inflationary pressures are becoming widespread.
GBP/JPY | British Pound to Japanese Yen Trading Analysis
GBP/JPY is declining from 2-week highs, approaching 151.50.