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Tuesday, September 27, 2022

+580 Points Reached in NZDUSD buy signal after rebounding from the horizontal support area

NZDUSD Analysis:

NZDUSD is rebounding from the horizontal support area in the 4-hour timeframe chart.

NZDUSD is moving between the channel ranges now moving in an ascending channel

In the smaller timeframe 30-minutes chart. NZDUSD has broken the descending channel and starts to move in an ascending channel.

After the confirmation of Upward movement, NZDUSD Buy signal given.

NZDUSD Jun16 T1 on Jun16 580 Points

NZDUSD Buy signal has reached the take profit target successfully.


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