The market has stabilized, the first signs of an uptrend appeared

April 27, 2021 8:06:19 AM by Alex Zarevich
Forecast Details
Direction Buy
StatusClosed (0.7205)
Apr. 27, 2021

+90 p
Target 2
+60 p
Target 1
-60 p
Stop Loss
Chart & Analyst Comments
  1. According to the most brokers’ data, more than half of the traders are currently in short positions on NZDUSD. As a result, we recommend considering only Long trades at this time.
  2. The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
  3. MVP line is below the price and acts as a support level.
  4. The first target is at the level of the previous peak - 0.725, and the second one, in case of an active price increase, is at the level - 0.728
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