Stay 
Trading Conditions
Products
Tools
NZDUSD has broken out and below the consolidation range and provided us with a bearish signal. In our previous analysis we noted that NZDUSD was vulnerable to a move lower and the most probable scenario would be for price to push towards 0.67. Our first target was 0.6825. It was achieved today.
Red lines - Fibonacci extension targets
NZDUSD gave us a bearish signal once 0.69 was broken. Our first target was 0.6825 and it was achieved earlier today. Trend remains bearish. We continue to expect price to move lower towards 0.67 which is our next target. Any bounce is considered a selling opportunity.
InstaForex analytical reviews will make you fully aware of market trends! Being an InstaForex client, you are provided with a large number of free services for efficient trading.
We may place cookies for analysis of our visitor data, to improve our website and measure advertising performance. Overall this data is used to provide a better website experience. More information
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of Instant Trading EU Ltd including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaForex anyway.
We are sorry for any inconvenience caused by this message.
