NZD/USD, 30 min
Pivot: 0.7179
Analysis:
Provided that the currency pair is traded below 0.7206, follow the recommendations below:
- Time frame: 30 min
- Recommendation: short position
- Entry point: 0.7179
- Take Profit 1: 0.7139
- Take Profit 2: 0.7121
Alternative scenario:
In case of breakout of the level 0.7206, follow the recommendations below:
- Time frame: 30 min
- Recommendation: long position
- Entry point: 0.7206
- Take Profit 1: 0.7236
- Take Profit 2: 0.7254
Comment:
RSI shows the possibility of a downtrend during the day.
Key levels:
Resistance ----Support
0.7254 --------- 0.7139
0.7236 --------- 0.7121
0.7206 --------- 0.7103
NZD/USD, D1
Pivot: 0.7166
Analysis:
While the price is above 0.7065, follow the recommendations below:
- Time frame: D1
- Recommendation: long position
- Entry point: 0.7166
- Take Profit 1: 0.7300
- Take Profit 2: 0.7455
Alternative scenario:
In case of breakdown of the level 0.7065, follow the recommendations below:
- Time frame: D1
- Recommendation: short position
- Entry point: 0.7065
- Take Profit 1: 0.6940
- Take Profit 2: 0.6800
Comment:
RSI shows an uptrend in the medium term.
Key levels:
Resistance --- Support
0.7600 --------- 0.7065
0.7455 --------- 0.6940
0.7300 --------- 0.6800
GBP/AUD Forecast Fundamental Analysis | British Pound / Australian Dollar
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