Technical analysis of NZD/USD for February 13, 2018 888011000 110888 Our first advantage target which we anticipated in yesterday’s analysis. NZD/USD is anticipated to trade with a bullish outlook. The set published a rebound from 0.7230 and broke above its 50-period and 20-period moving averages. The relative strength index is bullish and call for a for a new upleg. As long as 0.7255 is not broken, look for a new advance with targets at 0.7325 and 0.7355 in extension. The black line shows the pivot point. Presently, the price is above the pivot point, which is a signal for long positions. If it stays listed below the pivot point, it will show brief positions. The red lines reveal the supportlevels, while the green line suggests the resistance levels. These levels can be used to leave and go into trades.Resistance levels: 0.7325, 0.7355, and 0.7385. Assistance levels: 0.7225, 0.7200, and 0.7175. The material has actually been supplied by InstaForex

By | February 13, 2018

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