Darius_trader

NZD/USD price increased slightly today

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Darius_trader Uppdaterad   
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
Hello everyone! Currently in today's trading session NZD/USD has experienced upward momentum as a decline in the US Dollar (USD) has pushed the New Zealand Dollar (NZD) above the US Consumer Price Index (CPI).
Looking at the technical picture of NZD/USD we can see that the pair has gradually returned to the expected upward support line in the short term.
_Given that the trend line remains intact according to the rule we have to stick to the script and aim higher, it means we will execute according to that plan. If that happens, it is likely to reach 0.5947. Many buyers can be invited to join the market.
Kommentera:
And you, what do you think today?
Kommentera:
Price is correct according to analysis
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