Preferred direction: BUY
Comment: The situation with the New Zealand dollar is as similar as possible to the situation with AUDUSD. The mid-term buy priority is very strong, and we are considering growth towards the levels of 0.60700 and 0.61000.
Most likely, there will be a renewal of the local minimum at the level of 0.59500, but this will not in any way affect the strong bullish sentiment in the medium term for this instrument.
Additional comments on this trade will be provided as situation changes. Follow us!
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Comment: The situation with the New Zealand dollar is as similar as possible to the situation with AUDUSD. The mid-term buy priority is very strong, and we are considering growth towards the levels of 0.60700 and 0.61000.
Most likely, there will be a renewal of the local minimum at the level of 0.59500, but this will not in any way affect the strong bullish sentiment in the medium term for this instrument.
Additional comments on this trade will be provided as situation changes. Follow us!
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.