NZDUSD - Downward trend will continue, Short trade by market price recommended
April 22, 2020 5:10:38 AM
Forecast Details
PairNZDUSD
Direction
Sell
StatusClosed (0.596)
-65 p
0.6025
Stop Loss
0.5960
Entry
+60 p
0.5900
Target 1
About Author
Related Links
Buy or Sell
More Pairs
Thanks for Voting!
Buy
Sell
Look like you are with the Crowd.
Fix it with Sentiment Strategy
Fix it with Sentiment Strategy
Congratulations! According to Sentiment Strategy you’ve made a right
decision.
You've already voted this pair. You can vote again later (when?) or try voting other
pair.
Total votes: 0
Buy or Sell
Chart & Analyst Comments

- According to the most brokers’ data, more than half of the traders are currently in long positions on NZDUSD. As a result, we recommend considering only Short trades at this time.
- MVP line is above the price and acts as a resistance level.
- Here is the crucial stop loss level to serve as a goal for our Sell trade idea.
- Stop loss should be taken out of the buyers cluster. If the price passes it, it will likely go on.