NZD/USD: the kiwi is sticking in a channel

NZD/USD: the kiwi is sticking in a channel


SELL 0.6855

SL 0.691

TP1 0.6755 TP2 0.6655 TP3 0.659

On the daily chart of NZD/USD, there is a 0.6855-0.6975 consolidation within the long-term downtrend. A break of its upper boundary will increase odds of a correction to 38.2% and 50% from the CD wave. A successful break of the support at 0.6855 will let bears move to the 127.2% target of the “Crab” pattern.


On H1, if the pair goes beyond the upward channel, the pattern “Perfect butterfly” with the 127.2% target will be implemented.



Latest news

GBP/USD: pound entered into channel Tenkan-Kijun

Bullish Ichimoku Cloud with horizontal Senkou Span A and B; a golden cross of Tenkan-sen and Kijun-sen with horizontal lines; the market is under strong resistance and prices entered into the channel Tenkan-Kijun.


Deposit with your local payment systems


A manager will call you shortly.

Change number

Your request is accepted.

A manager will call you shortly.

Internal error. Please try again later

Beginner Forex book

The most important things to start trading
Enter your e-mail, and we will send you a free Beginner Forex book

Thank you!

We've emailed a special link to your e-mail.
Click the link to confirm your address and get Beginner Forex book for free.

You are using an older version of your browser.

Update it to the latest version or try another one for a safer, more comfortable and productive trading experience.

Safari Chrome Firefox Opera