Service for copy trading. Our Algo automatically opens and closes trades.
The L2T Algo provides highly profitable signals with minimal risk.
24/7 cryptocurrency trading. While you sleep, we trade.
10 minute setup with substantial advantages. The manual is provided with the purchase.
79% Success rate. Our outcomes will excite you.
Up to 70 trades per month. There are more than 5 pairs available.
Monthly subscriptions begin at £58.
Key Resistance Levels: 0.6600, 0.6800, 0.7000
Key Support Levels: 0.6200, 0.6000, 0.5800
NZD/USD Price Long-term Trend: Bullish
The current uptrend was rejected by level 0.6900. It retraced to level 0.6835 and resumed a fresh uptrend. The Kiwi is likely to retest the 0.6900 resistance. The pair will make a further upward move if the current resistance is breached.
Daily Chart Indicators Reading:
The Kiwi has risen to level 66 of the Relative Strength Index period 14. It indicates that the pair is now in the uptrend zone. The 50-day SMA and 21-day SMA are sloping horizontally indicating the sideways move.
NZD/USD Medium-term Trend: Bullish
On the 4-hour chart, the NZD/USD pair has resumed an upward move. On November 11 uptrend; a retraced candle body tested the 61.8% Fibonacci level. This indicates that the pair will reach a high of 1.618. That is a high of 0.6961.
4-hour Chart Indicators Reading
The 50-day and 21-day SMAs are sloping upward. It indicates that the pair is in an uptrend. The Kiwi is above the 80% range of the daily stochastic. It indicates that the market is in the overbought region. It is in a bearish momentum and Kiwi is likely to fall.
General Outlook for NZD/USD
The NZD/USD pair has been in an upward move for the past four days. Since November 12, the pair has been on a downward move. Today, there are bullish signals as the market resumes upward. According to the Fibonacci tool analysis, the market will rise to level 0.6961.
Note: Learn2.Trade is not a financial advisor. Do your research before investing your funds in any financial asset or presented product or event. We are not responsible for your investing results
- Broker
- Min Deposit
- Score
- Visit Broker
- Award-winning Cryptocurrency trading platform
- $100 minimum deposit,
- FCA & Cysec regulated
- 20% welcome bonus of upto $10,000
- Minimum deposit $100
- Verify your account before the bonus is credited
- Over 100 different financial products
- Invest from as little as $10
- Same-day withdrawal is possible
- Fund Moneta Markets account with a minimum of $250
- Opt in using the form to claim your 50% deposit bonus