Forex Trend Analysis NZD/USD 7-9-2014

The NZD/USD is trending higher on the larger time frames, like the W1 and MN time frame. This pair is just below a record price breakout to the upside with significant possible additional upside potential. Current bid price is 0.8820 and there is almost no resistance past there. Set a buy alert at 0.8830 and start to look for buy signals on this pair using The Forex Heatmap® to confirm your buy entry.  The trend indicators you see below are 5/12 exponential moving averages.

Forex Trend Analysis NZD/USD 7-9-2014

Forex Trend Analysis NZD/USD 7-9-2014

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