Menu

Search

  |   Technicals

Menu

  |   Technicals

Search

FxWirePro: NZD/USD Call update

Our previous call has achieved both targets

  • Bid tone persists in NZD/USD, sellers largely absent, there is scope for further gains
     
  • The pair has bounced-off channel support at 0.6680 on Friday's trade, post Fed lossed now dissipated
     
  • RSI strong at 61 and has room to run, Stochs are also biased higher but in oversold territory, so caution advised

Recommendation: Book partial profits and hold for further gains. Raise stops loss to 0.6755, TP: 0.6825/30

 

  • Market Data
Close

Welcome to EconoTimes

Sign up for daily updates for the most important
stories unfolding in the global economy.