Usd/jpy Price Analysis: Extends Pullback From 10-dma Towards 129.00
2022, 18 May - Forex
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Daily Market Analysis 9 May 2022
- Market News
- Daily Market News
- 2022, 09 May
NZD/USD
Technical Outlook
NZD/USD dropped further lower as the fresh trading session begins.
The pair lost to 14-month lows with no immediate reversal looked
possible on cards.
A firmer USD kept NZD on toes
| Technical Indicators | Action |
| RSI (26) | SELL |
| Oscillator (0) | SELL |
| MACD (Below Midline) | SELL |
| 200 EMA (0.6826) | SELL |
Strategy
| Action | Sell |
| Entry | 0.6350 |
| Target 1 | 0.6320 |
| Target 2 | 0.6280 |
| Stop Loss | 0.6380 |
Key Signposts
NZD: No key data
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- share
- share
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