FOREX TRADING | NZD/USD OUTLOOK

Hello Naked Traders.

Nzd/Usd

The pair is continuing a good rally which hasn’t formed no true price pullback. By early December the market moved only buying “kiwi” and selling his counterpart of the pair, the “buck”. The situation is evidently clear and I think it can advice you to observe and analyze the daily chart. This chart shows us the possibility to trade on two very important areas. As you can see from the chart below we have the 84.50/84.00 area for possible short opportunities and 82.50/83.00 area as an area to search, instead, long signals.

 

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