NZD/USD, 30 min
Pivot: 0.7088
Analysis:
Provided that the currency pair is traded above 0.7057, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7088
- Take Profit 1: 0.7125
- Take Profit 2: 0.7142
Alternative scenario:
In case of breakdown of the level 0.7057, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7057
- Take Profit 1: 0.7028
- Take Profit 2: 0.7011
Comment:
RSI shows the possibility of an uptrend during the day.
Key levels:
Resistance -- Support
0.7159 -------- 0.7057
0.7142 -------- 0.7028
0.7125 -------- 0.7011
NZD/USD, D1
Pivot: 0.7041
Analysis:
While the price is above 0.6847, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7041
- Take Profit 1:0.7275
- Take Profit 2:0.7392
Alternative scenario:
In case of breakdown of the level 0.6847, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.6847
- Take Profit 1: 0.6651
- Take Profit 2: 0.6535
Comment:
RSI shows an uptrend in the medium term.
Key levels:
Resistance -- Support
0.7509 -------- 0.6847
0.7392 -------- 0.6651
0.7275 -------- 0.6535
NZD/SGD Forecast Fundamental Analysis | New Zealand Dollar / Singapore Dollar
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