NZD/USD Forecast. Ichimoku Cloud Analysis 04.03.2020

nzd_newsNZDUSD is trading at 0.6225; the instrument is moving below Ichimoku Cloud, thus indicating a descending tendency. The markets could indicate that the price may test the cloud’s downside border at 0.6290 and then resume moving downwards to reach 0.6145. Another signal to confirm further descending movement is the price’s rebounding from the descending channel’s upside border.

However, the scenario that implies further decline may be canceled if the price breaks the cloud’s upside border and fixes above 0.6375. In this case, the pair may continue growing towards 0.6475.

NZDUSD

Orgin: RoboForex

Рейтинг FOREX брокеров

Рекомендуемые брокеры


 

Leave a Reply