NZDUSD is still in the ascending channel.

Dec 5, 2020

The New Zealand dollar is the strongest currency in the past three months. It fell back after reaching 0.7104 at the highest level last week. It closed at 0.7035 on Friday, still above the 0.7 integer.

By technical analysis, NZDUSD is still in the ascending channel. It is recommended that when the price falls back to support, buy NZDUSD.

Dec 9, 2020

Note

Pull up "Stop Loss Line" above entry price, maybe 0.70400 - 0.7060 (protection profit to prevent the market from falling into a loss of money.), and the take profit can be adjusted upward to between 0.7120 - 0.7160.

Dec 18, 2020

Trade closed: target reached

Target Reached 0.7160