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Chart tools of the NZD/USD pair:
It should be noted that the market was so stable and the trend was also so clear (upward). Expect a range of 112 pips as uptrend from the level of 0.8275. A strong support level will be formed at the price of 0.8275 this week.В В В The value of 50% Fibonacci retracement levels has set at the 0.8275 level. Moreover, it is the key level to confirm the bullish market. Volatility is 150.55 so the market has called for a high volatility.Trading recommendations:
According to previous events, the price has still been trapping between 0.8310 and 0.8380 in the long term.В Buy above 0.8280 (61.8% of Fibonacci retracement levels) with a first target of 1.5840, it might resume to 0.8390 and the price will form a new top at this level.В Below 0.84 look for further downside with 0.8345 and 0.8303 targets.Warning:
Stop loss should never exceed your maximum exposure amounts.