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Nzdusddaily

NZD/USD: A decline towards 0.64 is back in the pictureNZD/USD Bulls have failed to break the 0.6580 Resistance level and price has pulled back strongly from that level. If the bulls are unable to take that resistance out, the path of least resistance will be to the downside towards 0.64. Eventually, I expect NZD/USD to slide back towards the 0.60 level as geopolitical risks and worsening global economic conditions will weigh on the NZ Dollar. Selling the rallies remains the best approach to trade this pair
Short
by KaltoireCapital
12
Long $NZDUSD against.6380Hello Sophisticated Trader, Similarly to the $AUDUSD, the $NZDUSD has been holding support since .6388. The pair has been holding strong support of the trend line. This coming week towards the month-end, we could expect a rally potentially towards .6700. Only a close below .6388 would negate the pair bullish momentum toward the top. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith Where we teach you what you need to know to be a profitable trader.
Long
by DrLydia
Short $NZDUSD against .6500 for a test of .6200Hello Sophisticated Trader, The $NZDUSD has a similar setup with the $AUDUSD, coupled with the renewed dollar strength that could potentially make this pair an attractive sell for a test of .6200. Any retest of .6500 would support a short and only a break and close above recent high would negate the potential test. Remember to buy on support and sell on resistance. Minimize your risk and Maximize your profits. Like, Comment, and Follow. Let's Make Money Together! Happy Trading! Dr. Lydia Smith As a Sophisticated trader,  we teach you what you need to know about trading.
Short
by DrLydia
2
NZD/USD Price Outlook and Trading PlanUS Dollar weakness across the board and positive market sentiment has given the NZD/USD bulls opportunity to continue the uptrend. I have explained the possibility of a weak USD Cycle over the next few years in my EUR/USD market commentary. This gives opportunity to high-beta currencies like New Zealand Dollar, Australian Dollar and other EM currencies to appreciate against the US dollar. So, buying the dips is preferred while trading NZDUSD. 0.6450 is a short-term target for the NZDUSD bulls and 0.6750 also remains a possibility.
Long
by KaltoireCapital