Technical analysis of NZD/USD for March 09, 2018 888011000 110888 NZD/USD is anticipated to trade with bullish outlook. Although the set broke and published a rebound above its 20-period average, it is still capped by the upward 50-period moving average. The relative strength index is listed below its neutrality level at 50. Thus, as long as 0.7245 is not gone beyond, search for an additional advantage targets at 0.7295 as well as to 0.7310 in extension. The black line reveals the pivot point. Currently, the price is above the pivot point which is a signal for long positions. If it stays below the pivot point, it will suggest brief positions. The red lines reveal the assistance levels, while the green line shows the resistance levels. These levels can be used to leave and get in trades.Resistance levels: 0.7295, 0.7310, and 0.7345. Support levels: 0.7230, 0.7215, and 0.7175. The product has been supplied by InstaForex Company

By | March 9, 2018

Leave a Reply

Your email address will not be published. Required fields are marked *