Preferred direction: SELL
Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144, which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall.
The resistance level of 0.61263 is unlikely to be overcome, but such a scenario should not be excluded. The main scenario assumes a fall from approximately current prices.
Thank you for like and share your views!
Comment: In the very near future, the New Zealand dollar is also expected to fall to 0.60144, which we also wrote in the previous trading idea for this pair. More medium-term prospects look long, but for this, as we wrote, it is necessary to wait for a short-term fall.
The resistance level of 0.61263 is unlikely to be overcome, but such a scenario should not be excluded. The main scenario assumes a fall from approximately current prices.
Thank you for like and share your views!
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.