Apr 17, 2025
Trade ideas
NZDUSD: H4
The asset is in an uptrend. The lows and highs are not going down. The price is testing the resistance level at 0.5961. The “golden cross” can be seen on the chart. All this suggests a possible continuation of the trend.
Trading foreign currencies on margin involves significant risks and may not be suitable for everyone, as high leverage can increase both potential gains and losses. Before entering the foreign exchange market, it is essential to evaluate your investment goals, personal experience, and risk tolerance.
Author: FBS Analyst Team
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