The prices are in the falling wedge. The value of the NZD against the USD is in the downtrend. We expect the price to break to the upside from the falling wedge formation. Our entry would be the breakout. It is expected that the NZD will be valued after falling wedge. The Demand Index crossed the 0 number upwards. In the same perspective, CMF crossed the 0 number upwards. The Demand Index and CMF indicators show that NZD will be valued against the USD based on the results of the chart.
Target in the chart
Target in the chart
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💥 Free signals and ideas ➡ t.me/vfinvestment
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.