NZD/USD is near the pivot zone

The NZD/USD pair, despite the weakness of the dollar and attempts of correction, maintains the monthly downtrend. The reversal zone is located in the range of 0.6650-80, from which we can expect a rebound. This zone also acts as a significant resistance.

Deals for sale should be considered below 0.6630-20.

The goals and significant support are located at 0.6580 and 0.6850.

Read also: “Retest Strategy – 1 more way of income”

Hanzenko Anton

Earn with the help of the trade service on the news Erste News!

Topical articles of the trader’s blog:

1. Multifactorial analysis of the Forex market
2. Expectations from the USD/JPY for the end of April – early May
3. U.S. and E.U. Trade War

Current Investment ideas:

1. CAT shares give SUPER-opportunity to earn in April!