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mohamed.tharwat.elsherief

Neutral Bias although very tempting to buy on H4

Dollar New Zealand / Dollar AS (FX:NZDUSD)  
mohamed.tharwat.elsherief  
FX:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis
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0
trendanalysis
snapshot
weekly Resistance

snapshot
Daily Support

I prefer to be neutral with NZD USD at this moment.

Well, On weekly we had a rejection off Resistance. While on Daily, we have a bounce off support.
On H4 it is very bullish.

It may be acceptable to buy now but we have to be very cautious for how much the pair is going to move.May be price wants to test the previous high of weekly at 0.76000.

It is really hard for me to tell.

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