NZDUSD Weekly Analysis

Weekly Chart : Bullish momentum is increases

Daily Chart : The NZDUSD is in an bullish channel (or bearish flag), target at 0.7176 resistance level or upper channel

  • strategy  :  buying on the pullback

Weekly Chart  :  The candle getting bigger , bullish momentum is increases

Monthly Chart : wait for test 21EMA resistance = sell signal




Warning: Before any investment in Forex you need to carefully consider your targets, previous experience, and risk level. FX trading can result in the loss of your money, therefore, you should not invest capital that you cannot afford to lose.