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FX.co ★ Technical analysis of NZD/USD for June 22, 2018

Technical analysis of NZD/USD for June 22, 2018

Technical analysis of NZD/USD for June 22, 2018

On the daily chart, we see the divergence between the NZD/USD price and the Stochastic Oscilator. This means the pair will try to test 0.6920 in a few days as the first target and 0.7057 as the secondy target. As long as the pair does not break out and closes below 0.6813, the price will try to test both targets.

(Disclaimer)

*The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade
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