Forex Market Daily Technical Analysis of NZD/USD

Daily Pivot Point of NZD/USD Chart in 30M Time Frame is: 0.5639 and Preferred situation is Bearish. Our Preferred Senario is Short Positions (Sell) under 0.5639 with first target at 0.5602 and second target at 0.5592 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: 0.5639 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: 0.5665
  • Resistance Level 2: 0.5655
  • Resistance Level 1: 0.5639

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

  • Support Level 1: 0.5602
  • Support Level 2: 0.5592
  • Support Level 3: —

Forex Trading Signals:

Our Preferred Senario is Short Positions (Sell) under 0.5639 with first target at 0.5602 and second target at 0.5592 in extension as take profits.

If the market moves in the opposite direction, Alternative Senario is Long Positions (Buy) above 0.5639 with first target at 0.5655 and second target at 0.5665 in extension as take profits

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

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