NZD/USD FORECAST BY MARIUS GHISEA (APRIL 13-17)

According to MACD on daily chart, the NZD/USD pair is in uptrend. The price is above EMA 55 on daily chart and this is also a confirmation for uptrend.

NZDDaily-page-001

The weekly chart confirms also an uptrend for NZD/USD. The bottom for downtrend was at 0.7233, where a pattern was closed. According to weekly chart, NZD/USD might go at 0.7782, in order to form a triangle in long term.

NZDweekly-page-001

MariusG
Marius Ghisea – fund manager and advisor for institutional and individual investors. 11 years experience in forex market. Marius G. provides advices for long term investors with low risk strategies investments. Technical analyst at ProfitF.com ( Go to Ghisea Marius Facebook group >>> )
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