NZD/USD, 30 min
Pivot: 0.7176
Analysis:
Provided that the currency pair is traded above 0.7148, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7176
- Take Profit 1: 0.7211
- Take Profit 2: 0.7229
Alternative scenario:
In case of breakdown of the level 0.7148, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7148
- Take Profit 1: 0.7118
- Take Profit 2: 0.7100
Comment:
RSI shows the possibility of an uptrend during the day.
Key levels:
Resistance --- Support
0.7247 -------- 0.7148
0.7229 -------- 0.7118
0.7211 -------- 0.7100
NZD/USD, D1
Pivot: 0.7209
Analysis:
While the price is above 0.7022, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7209
- Take Profit 1: 0.7477
- Take Profit 2: 0.7600
Alternative scenario:
In case of breakdown of the level 0.7022, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7022
- Take Profit 1: 0.6816
- Take Profit 2: 0.6693
Comment:
RSI shows an uptrend in the medium term.
Key levels:
Resistance --- Support
0.7724 -------- 0.7022
0.7600 -------- 0.6816
0.7477 -------- 0.6693
GBP/JPY Forecast Fundamental Analysis | British Pound / Japanese Yen
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