|MA Penetrated 7 hours ago
||NZDUSD has closed above 30 SMA. This should empower bullish short term technical outlook.
|Stochastic Overbought 10 hours ago
||NZDUSD Stochastic (14) main line entered hourly overbought zone. Traders should NOT consider any short term long trades.
|Down Trend 21 hours ago
||NZDUSD is facing a selling pressure pushing it down as long as it remains below (0.8657) any four hours close below (0.8538) will open the way for the instrument to test the next support level. Any four hours bare close above (0.8657) will change instrument`s direction. Traders should consider selling each rally with a stop loss at (0.8657).