FORECAST BY MARIUS GHISEA- NZD/USD (February 1-5)

The NZD/USD currency pair will be into an uptrend in the medium long term, according to the daily chart. The stochastic oscillator may be positive in some days and the MACD will remain positive. The next target for NZD/USD in the medium term may be Fibo 0.61 at 0.6772.

nzdusd daily

This currency pair will fall in the short term (1 – 2 days), according to the MACD on 8 hour chart. Even if this currency pair stays into its range between 0.6400 and 0.6550 in the short term, it will rise in the medium term correlated with the daily chart. The NZD/USD currency pair may go up above EMA 200 in the medium term.

nzdusd forecast 8h

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