The market has stabilized, the first signs of an uptrend appeared
April 27, 2021 8:06:19 AM
Forecast Details
PairNZDUSD
Direction
Buy
StatusClosed (0.7205)
+90 p
0.7280
Target 2
+60 p
0.7250
Target 1
0.7190
Entry
-60 p
0.7130
Stop Loss
About Author
Alexander Zorevyk
Expert
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Total votes: 2
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Chart & Analyst Comments
- 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.
- The number of profitable buyers has exceeded 75%. The uptrend is in its active phase. This confirms potential for a Long trade.
- MVP line is below the price and acts as a support level.
- 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
