NZDUSD Analysis: Upbeat New Zealand economic outlook bullish for NZDUSD

February 12, 2020

By IFCMarkets

Upbeat New Zealand economic outlook bullish for NZDUSD

New Zealand central bank’s forecasts for economy were more upbeat than last year while the bank kept interest rates unchanged. Will the NZDUSD continue rebounding?

Indicator VALUE Signal
RSI Neutral
MACD Buy
Donchian Channel Buy
MA(200) Buy
Fractals Buy
Parabolic SAR Buy

 

Summary of technical analysis

Order Buy
Buy stop Above 0.6478
Stop loss Below 0.6452

Market Analysis provided by IFCMarkets


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