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Forex Market Daily Technical Analysis of NZD/USD

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.581 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.581 with first target at 0.5756 and second target at 0.5742 in extension as take profits.
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Forex Daily Pivot Points and Market Situation:

Daily Pivot Point of NZD/USD Sybmol in 30M Time Frame Chart is: 0.581 and Preferred situation is Bearish.

Forex Daily Support and Resistance Lines:

Technical analysis of NZD/USD: Resistance Lines of Day in 30M Time Frame:

  • Resistance Level 3: 0.5849
  • Resistance Level 2: 0.5834
  • Resistance Level 1: 0.581

Technical analysis of NZD/USD: Support Lines of Day in 30M Time Frame:

  • Support Level 1: 0.5756
  • Support Level 2: 0.5742
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 0.581 with first target at 0.5756 and second target at 0.5742 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 0.581 with first target at 0.5834 and second target at 0.5849 in extension as take profits

Support and Resistance Levels and Pivot Points in Chart of NZD/USD

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