Hi traders!
According to my analysis, the NZD/USDcurrency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 100 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for an upward movement in the price.
Have trading day ahead!
According to my analysis, the NZD/USDcurrency pair is expected to increase, presenting a potential Long opportunity. The basis for this expectation is the recent crossing of the price Above the 100 - period Weighted Moving Average (WMA), indicating a Bullish signal. Additionally, there is a strong resistance level that further strengthens the case for an upward movement in the price.
Have trading day ahead!