Today in forex trading the NZD/USD had a strong trading signal. The USD (US Dollar) was weak on all pairs, see the live trading signals below from The Forex Heatmap® forex heatmap. The USD weakness also drove the EUR/USD higher today, but the strongest signals were for a buy on the NZD/USD. The EUR/USD is likely going to continue higher to the 1.1050 resistance area on the H4 time frame. The NZD/USD also moved higher on the H4 time frame but we cannot tell if it has further upside potential due to levels of resistance nearby. On the NZD/USD traders should consider scaling out lots on any profitable trades.
The Forex Heatmap® provides live trading signals for the NZD and USD pairs, but it also provides signals for a total of eight groups of currencies and 28 pairs total. It is a live indicator that assists with trade entry management utilizing the easy to read signals and arrows.
NZD/USD And EUR/USD Trading Signals
NZD/USD Price Chart
NZD/USD Trading Signal