NZDUSD Technical Analysis: The NZDUSD is trading in an upward trend today during the Asian session. The NZDUSD price is trading at 0.6123, and trading appears below most of the moving average intersections. The MACD indicator also indicates positive signals
Accordingly, we can look to buy from the rise to the price of 0.6132, and the targeted target could be the 0.6146 area. It is also recommended to choose the 0.6106 area as a stop loss point to control risk.
NZDUSD Technical Analysis: On the other hand
On the other hand, if the stop loss area at 0.6106 is broken, the NZDUSD price may head towards the 0.6095 level.
NZDUSD Technical Analysis Resistance and Support:
• Second resistance: 0.6139
• First resistance: 0.6134
• Pivot level: 0.6127
• First support: 0.6116
• Second support: 0.6109