FBS - Analytics


    561.00 6.00/10
    84% of positive reviews

    NZD/USD want to test target at 0.7324

    After crossing STD1 with STH4 price roll back to STD1, and rebound from it. Securing higher than 2/8 (0.7080) is a good argument in favor of the growth to the area of the level 4/8 (0.7324). It also signals the growing STH4 and minor breakdown the level 5/8 (0.7202). An unlikely scenario return back to the area of STD1 would be possible in the case of breaking down the 3/8 level (0.7202) for at least one third of the levels width.

    Trade recommendation:

    Buy – 0.7205; sl – 0.7160; tp – 0.7310. 

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