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forextidings

NZD/USD skyrockets towards the targets

Dólar Neo-Zelandês/Dólar Americano (OANDA:NZDUSD)  
forextidings  
OANDA:NZDUSD   Dólar Neo-Zelandês/Dólar Americano
Trend Analysis Technical Indicators Chart Patterns NZDUSD nzdusdanalysis nzdusdsignal nzdusdtrendanalysis freeforexsignals freecurrencytips freeforextips supertrend DMI
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trendanalysis indicator chartpattern nzdusd nzdusdanalysis nzdusdsignal nzdusdtrendanalysis freeforexsignals freecurrencytips freeforextips supertrend dmi
It's a daily chart of NZD/USD. From the 19th of March 2020, it started to rise and still moving upward. For an easy understanding of the trend, I have applied the DMI and SuperTrend.

Let's take a look at indicators,
DI+ is above DI- that means the trend will continue to move upside. ADX is greater than 25, which also indicates the upside movement.

Now talking about the trend,
At present, the trend is moving upward, and it's marching towards the targets, which are 0.7160 - 0.7260. But if the trend crosses the control price and successfully makes consecutive candles, then targets for the fall will be 0.6900 - 0.6800.
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