NZD/USD | New Zealand Dollar to US Dollar Trading Analysis
NZD/USD | New Zealand Dollar to US Dollar Trading Analysis
Written by: PaxForex analytics dept - Tuesday, 21 April 2020 0 comments
The NZD/USD currency pair is being traded at 0.5975. The pair is traded inside the Ishimoku Cloud, which implies a sideways trend. The upper bound of the Indicator Cloud is expected to be tested near 0.6055, then it will fall to the level of 0.5755. The signal in favor of the quotes decrease will be the rebound from the lower boundary of the upward channel.
NZD/USD, 30 min
Pivot: 0.5999