FxIntelligenceIN

NZDUSD is still in the ascending channel.

Long
FxIntelligenceIN Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
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.
Comment:
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.
Trade closed: target reached:
Target Reached 0.7160

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.