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New Zealand Dollar / U.S. Dollar
Short

short it : NZDUSD

By AliSignals
Updated
Hello, traders. The support and resistance level of 0.620 may soon be reached by the New Zealand dollar, which is currently going through a correction phase. The trend is downward at the moment. Throughout this trading week and the one after it, we'll keep an eye on NZDUSD in case a selling opportunity appears at the 0.620 zone. We've launched a short position to meet with money and risk management standards, and we'll add more in the zone.

Daily chart
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Weekly Chart
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Note
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