SUMMARY:
The NZD/USD is in consolidation section. it's sustaining below the falling line with a positive bias. The pair is showing strength in buying side & consolidating on higher levels, gaining strength for breaking upper side.If NZD/USD breaks the level of 0.7800 at upper side & sustains higher than it then we are able to expect it to check the level of 0.7830/0.7850 in today's session. RSI is also sustaining in buying territory & indicating to continue its ongoing trend for in the week also.
In MACD , MACD line is sustaining higher than the zero line & supporting the upper side movement for next few sessions.
STRATEGY:
NZD/USD is with success sustaining on higher level & looking further bullish on charts. One will opt for buy on dips strategy for this pair for intra day to middle term positions.
PIVOT POINTS:
The NZD/USD is in consolidation section. it's sustaining below the falling line with a positive bias. The pair is showing strength in buying side & consolidating on higher levels, gaining strength for breaking upper side.If NZD/USD breaks the level of 0.7800 at upper side & sustains higher than it then we are able to expect it to check the level of 0.7830/0.7850 in today's session. RSI is also sustaining in buying territory & indicating to continue its ongoing trend for in the week also.
In MACD , MACD line is sustaining higher than the zero line & supporting the upper side movement for next few sessions.
NZD/USD
( HOURLY )
STRATEGY:
NZD/USD is with success sustaining on higher level & looking further bullish on charts. One will opt for buy on dips strategy for this pair for intra day to middle term positions.
PIVOT POINTS:
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