NZDUSD to continue in the upward move?NZDUSD - 24h expiry
There is no indication that the rally is coming to an end.
Although we remain bullish overall, a correction is possible with plenty of room to move lower without impacting the trend higher.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.6025 will confirm the bullish momentum.
The measured move target is 0.6075.
We look to Buy at 0.5950 (stop at 0.5900)
Our profit targets will be 0.6050 and 0.6075
Resistance: 0.6025 / 0.6050 / 0.6075
Support: 0.6000 / 0.5950 / 0.5925
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NZDUSD trade ideas
NZD-USD Will Fall! Sell!
Hello,Traders!
NZD-USD has retested a
Horizontal resistance level
Of 0.6036 so we are
Locally bearish biased
And from the resistance we
We will be expecting a
Local bearish correction
Sell!
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ZND/USD BUY SETUP 2H chart analysisEntry Point:
Around 0.59126 (highlighted by the black price action and small white ellipse)
Stop Loss (SL):
Around 0.58498, just below the channel and a previous support area.
Take Profit 1 (TP1):
Around 0.60414, which aligns with a previous resistance level and is near the top of the channel.
Final Target:
Likely around 0.6100, slightly above TP1 and just beyond the current visible range. This would be an extension beyond the last swing high and consistent with channel projection.
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Support Levels
0.58498: Strong support (your SL zone) - price previously bounced here.
0.58000: Minor support - mid-channel zone.
0.57000: Previous horizontal support area.
0.55000: Last major low.
Resistance Levels
0.59119 - 0.59126: Current entry level, may act as short-term resistance.
0.60000: Psychological resistance.
0.60414: Your TP1 level and a clear historical resistance.
0.61000: Final target zone, key resistance area.
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Summary
Bias: Bullish
Strategy: Buy on breakout/pullback to 0.59126, with TP at 0.60414 and final TP around 0.61000.
Risk Management: SL below the channel and last support zone at 0.58498.
Bearish reversal off overlap resistance?The Kiwi (NZD/USD) is rising towards the pivot and could reverse to the pullback support.
Pivot: 0.5987
1st Support: 0.5831
1st Resistance: 0.6125
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NZD-USD Free Signal! Buy!
Hello,Trades!
NZD-USD made a bullish
Breakout of the key horizontal
Level around 0.5920 then
Made a pullback to retest
The new support so we are
Bullish biased which means
We can enter a long trade
On Monday with the Take
Profit of 0.5968 and the
Stop Loss of 0.5893
Buy!
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NZDUSD Trading Opportunity! SELL!
My dear friends,
Please, find my technical outlook for NZDUSD below:
The price is coiling around a solid key level - 0.5971
Bias - Bearish
Technical Indicators: Pivot Points Low anticipates a potential price reversal.
Super trend shows a clear sell, giving a perfect indicators' convergence.
Goal - 0.5847
Safe Stop Loss - 0.6013
About Used Indicators:
The pivot point itself is simply the average of the high, low and closing prices from the previous trading day.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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WISH YOU ALL LUCK
NZD_USD WILL KEEP GROWING|LONG|
✅NZD_USD is trading in an
Uptrend and the pair made a
Strong bullish breakout of the
Key horizontal level of 0.5927
Which is a support now and the
Breakout is confirmed so we
Will be expecting a further
Bullish continuation
LONG🚀
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
NZDUSD: Will Start Falling! Here is Why:
Remember that we can not, and should not impose our will on the market but rather listen to its whims and make profit by following it. And thus shall be done today on the NZDUSD pair which is likely to be pushed down by the bears so we will sell!
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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