Buying the NZDUSD (18.06.2013)

NZDUSD 18.06.2013

Today we are spotting an opportunity to buy NZDUSD.

Read about the Trend/Wave/Extreme system here

NZDUSD (4-HOUR) BUY

Why Buy

  • An  evolving uptrend developing
  • Trend (long term) indicators are pointing up
  • An extreme Indicators pointing oversold
  • Two consecutive up candles
  • Instrument bounced higher after finding support at 50% fibonacci retracement level

Read about the Trend/Wave/Extreme system here

The following is an analysis of the currency markets using the Trend/Wave/Extreme system . You can read about the system here. Please read our Risk Disclosure and Terms of Use  prior to making a trade using this information.