NZD/USD - near last strong support - buy on 4H
market price reached 200 day moving average on 4H which is last strong support after strong down movement correction in reference to Dollar strenght. I expect a rise of "safe havens" in the next week which are gold, NZD and CHF.
-MACD baselines going to cross bullish which brings buyers into the market
-RSI is already heavy over selled on 4H which brings buyers into the market
-price reached down side of bollinger bands which brings buyers into the market
-50 day moving average crossed 100 day moving average which is bullish indicator and brings buyers into the market
-MACD baselines going to cross bullish which brings buyers into the market
-RSI is already heavy over selled on 4H which brings buyers into the market
-price reached down side of bollinger bands which brings buyers into the market
-50 day moving average crossed 100 day moving average which is bullish indicator and brings buyers into the market
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The analyses provided are for informational purposes only and do not constitute financial advice or recommendations to buy or sell anything. The information presented is based on personal research and interpretation.
