NZD/USD,D1
Pivot: 0.7105
Analysis:
While the price is above 0.6980, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7105
- Take Profit 1: 0.7200
- Take Profit 2: 0.7290
Alternative scenario:
If the level 0.6980 is broken-down, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.6980
- Take Profit 1: 0.6880
- Take Profit 2: 0.6800
Comment:
RSI shows the development of an uptrend in the medium term.
Key levels:
Resistance ---- Support
0.7380 ---------- 0.6980
0.7290 ---------- 0.6880
0.7200 ---------- 0.6800
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