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NZD/USD: short-term gain gives goods spots for sell

NZD/USD downtrend, but still upward short-term movement is active

Break of an inside bar over the mother bar at 0.6644, which shows probabilities for long

Indicators are in bullish formation

Probabale test of the resistance at 0.6680 in the next hours, where we will look for sell signals

USD stays under pressure, after sequence of negative data ,which confirms the possible test of 0.6680

Stefan D. Angelov – Head of Stocks trading

 


 Varchev Traders


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