The technical analysis of the NZDUSD price chart on daily timeframe shows NZDUSD,Daily has breached below the 200-day moving average MA(200) which is tilting downward. Read more.
Tags : new zealand dollar
On the daily timeframe, NZDJPY: D1 broke up the resistance line of the intermediate downtrend. The currency pair has exited the triangle with a 200-day moving average line at the bottom. A number of technical analysis indicators have formed signals for further growth. We do not rule out a bullish movement if NZDJPY: D1 rises above the upper Bollinger band and the last high: 79. This level can be used as an entry point. The initial risk limitation is possible below the last three lower fractals, the Parabolic signal, the 200-day moving average and the lower Bollinger band: 75.8. After opening a