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

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