NZD/USD, 30 min
Pivot: 0.7025
Analysis:
Provided that the currency pair is traded above 0.6967, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7025
- Take Profit 1: 0.7092
- Take Profit 2: 0.7152
Alternative scenario:
In case of breakout of the level 0.6967, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.6967
- Take Profit 1: 0.6929
- Take Profit 2: 0.6886
Comment:
RSI shows the possibility of an uptrend during the day.
Key levels:
Resistance Support
0.7200 ------- 0.6967
0.7152 ------- 0.6929
0.7092 ------- 0.6886
NZD/USD, D1
Pivot: 0.7055
Analysis:
While the price is below 0.7312, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7055
- Take Profit 1:0.6787
- Take Profit 2:0.6654
Alternative scenario:
In case of breakout of the level 0.7312, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7312
- Take Profit 1: 0.7538
- Take Profit 2: 0.7673
Comment:
RSI shows a downtrend in the medium term.
Key levels:
Resistance -- Support
0.7673 ------- 0.6787
0.7538 ------- 0.6654
0.7312 ------- 0.6520
USD/SGD Forecast Fundamental Analysis | US Dollar / Singapore Dollar
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