It reached 0.6645 as I thought it would. There is a major support at that level, if it breaks out below it I think it will reach 0.6600.
The downward movement is still in place and the pair will soon reach 0.6600. I think we may see a breakout below that level too.
It broke out below 0.6600, I think that if it falls below 0.6540 we may see it reach 0.6300.
The pair is range-bound above the support at 0.6530, but I think it will eventually break out below that level.
NZD/USD is undecided below the resistance at 0.6600, but I think the bearish pinbar on the H4 time frame is an indication for a new depreciation.
It did start depreciating, I think it will soon reach 0.6530.
It rebounded from 0.6510, but the trend is obviously bearish. I think the move south will continue.
The pair is still depreciating and it is testing 0.6500 once more, I think we will soon see a breakout below that level.
It's still testing 0.6500, let's see whether it will finally be able to break out below that support once the new trading week starts.
The move south is over for the moment, I think next target will be at 0.6700.
The pair has almost reached 0.6700, let's see whether there will be a breakout above it. I think that if there is we will see it rally to 0.6780.
So far the pair is testing 0.6700, I don't think we will see a breakout this week. I have closed my longs for the moment.
It was a good idea to close the longs last week, but the correction is over for the moment and I opened another long. I think next target is 0.6670.
NZD/USD pulled back from 0.6685 and I think it will depreciate back to 0.6630.
The pair is range-bound between 0.6630 and 0.6680, I think that eventually there will be a breakout below 0.6630 and then another depreciation to 0.6600.
It reached 0.6600 as I thought it would and now is range-bound above that support. I think the range will last until the end of the trading week.
The support at 0.6600 remains unbroken, let's see when the pair will overcome it.
It broke out below 0.6600 as I thought it would, I think next target will be at 0.6500.
The NFP is coming out very soon, whether the depreciation will continue will depend on that data, I think.
Oct 07 2018 at 06:07
NZDUSD Kiwi seems likely to rise as US Dollar seems likely to fall.
If you want the currency we got the advantage.
