|NZD/USD Technical Analysis comments :|
|The pair NZD/USD has continued its bullish movement last friday and has opened the week on a bullish gap.|
The breakout of 0.7848 (level 50%) gave us a new buy signal.
The pair is currently testing the resistance at 0.7938 (level 61.80% of fibonacci retracements).
All indicators are bullish.
We continue to advise long positions as far as 0.7846 (level 50%) is support.
The breakout of 0.7938 will give a new buy signal and will open the way towards 0.80.
In case of return below 0.7846, we will wait the breakout of 0.78 to advise short positions.
|Complete sheet of the pair NZD/USD - Previous NZD/USD Analysis|
Chart of the pair NZD/USD - Timeframe 4H - Zoom in :
Chart of the pair NZD/USD - Timeframe 4H - Zoom out:
NZD/USD Live Chart - Timeframe : 4h