NZDUSD - Upward trend will continue, Long trade by market price recommended

July 10, 2019 5:59:21 AM by Alexander Zorevyk
Forecast Details
PairNZDUSD
Direction Buy
StatusClosed (0.664)
5:57
5:57
Jul. 10, 2019

+40 p
0.6640
Target 1
0.6600
Entry
-40 p
0.6560
Stop Loss
Chart & Analyst Comments
NZDUSD - Upward trend will continue, Long trade by market price recommended
  1. When the price decreases, a signal is formed (orange labels), which implies an upward movement.
  2. The last upward movement was characterized by a “surge” in retail sellers. This is a good reason to start thinking about long positions.
  3. We see two clusters of stop losses on which we set our first and second targets according to our forecast.