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NZDUSD






11/19/2018 1:29:35 AM

NZDUSD - Technical Analysis: Monday, 19/11/2018 06:29 GMT



This report is sponsored by Adax.ae

The completion of the falling wedge pushes the pair to rise strongly, and surpassing the current resistance at 0.6840 leads for more gains, as the next target is located at 0.7060, while consolidating above 0.6710 is important to continue the current rise.

The exponential moving averages 50 and 100 support the expectations of continuing the bullish trend.



adax


Target
Risk


Support
Resistance


Trend Bullish

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