NZDUSD - Kiwi struggling to break 0.60
Hello Traders,
After two weeks the
NZDUSD
pair seems to have found support at 0.59 touching this week a minimum price of 0.588 that has been bought different times.
Price action suggesting us that bulls can take the control in short time supported by the 50, 100 and also the 21 simple moving average targeting the 200 SMA at 0.605.
Above the 200 SMA we will have a confirmation for next targets.
Tomorrow’s data will shake the pair with good chances to touch my fake profit target at 0.605.
After two weeks the
NZDUSD
pair seems to have found support at 0.59 touching this week a minimum price of 0.588 that has been bought different times. Price action suggesting us that bulls can take the control in short time supported by the 50, 100 and also the 21 simple moving average targeting the 200 SMA at 0.605.
Above the 200 SMA we will have a confirmation for next targets.
Tomorrow’s data will shake the pair with good chances to touch my fake profit target at 0.605.