NZD/USD Uptrend

The NZD/USD is in an uptrend on the larger time frames. The W1 time frame is shown below in the image. Current resistance and price alert  point is at 0.7305, annoteted on the chart below. Forex traders should set an audible price alert at this price on their trading platform or metatrader to help to intercept the movement.

Then when the audible price alert hits you can verify any buy trades with The Forex Heatmap®, our real time visual map of the forex market. You would check the heatmap for NZD strength, or USD weakness, or both for trade entry verification. The next resistance level is at the 0.7500 – 0.7700 level as noted on the chart on the left. This is 200 to 400 pips of upside potential as the USD weakness is prevalent in the market now.

NZD/USD Uptrend

NZD/USD Uptrend

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