NZDUSD : May be its time to go little up!
It has made low around 0.7192 and moved above 0.72 despite stronger USD at that time.
Also, it made support from Exponential Moving Average of 144 Days ( EMA 144 ) on D1 Chart
To make more support, it also coincides with fibo retrecement of 50% from top of 0.75.
Though, it might take few days to make momentum towards upside but I think here is a sweet buying opportunity.
But we need to look for USD strength too.
One should Look for stop loss below 0.71800 and target at 0.725-0.726
for entry between 0.72000 to 0.72100
Good Luck
Also, it made support from Exponential Moving Average of 144 Days ( EMA 144 ) on D1 Chart
To make more support, it also coincides with fibo retrecement of 50% from top of 0.75.
Though, it might take few days to make momentum towards upside but I think here is a sweet buying opportunity.
But we need to look for USD strength too.
One should Look for stop loss below 0.71800 and target at 0.725-0.726
for entry between 0.72000 to 0.72100
Good Luck
Feragatname
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