The NZD/USD has
opened its market at 0.79763 on today. From the instant, the short has occurred
in the way to compensate the NZD gain of around 200 pips. But, it is hard to
achieve in the very short time.
Anyhow, the indicators are showing great confidence over this anticipation. Today, the trend has already
crossed its first support of 0.79253. The belief on the moving average will
make the short to cross the support of 0.78784.
But, there are two possible
ways in the market. If the trend crosses the support of 0.78784, it will be
expecting its good support of 0.77363. Else, the trend will bounce back from
the support point and the NZD will be starting its gain against the USD.
Anyway, by this fluctuation, the traders are possible to gain some good pips
from the trend. The aftereffect will show positive to the traders in the trust
over the indicators.
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