NZD/USD analysis

[Billy Jury]

The NZDUSD market created a range and the market is currently at 0.6910 and under the Moving average. But according to the strong support line and parabolic sar there is strong buy sign al available so bull traders should take entry at 0.6916 and the target point is at 0.6971.

 

[Naumnic]

Excellent analysis!, The dollar has appreciated before all the pairs, due to how it has been seen in forex trading economic calendar where every conference of the president of the FED, US Federal Reserve President Jeremy Powell who noted the market should get ready for interest rate hikes as the year unfolds

[pradegxs]

Going to open short position on the pair on my Hotforex MT4 platform. What's your view on that?