NZDUSD, “New Zealand Dollar vs US Dollar”

On H4, these quotations are also trading above the 200-days MA and in the overbought area. We expect the price to test +2/8, bounce off it, ...


On H4, these quotations are also trading above the 200-days MA and in the overbought area. We expect the price to test +2/8, bounce off it, and fall to the support on +1/8. The scenario might be canceled by a breakaway of +2/8 – this will make the Murray indicator restructure itself, so that new goals will be set.

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