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Investments in financial products are subject to market risk. Some financial products, such as currency exchange, are highly speculative and any investment should only be done with risk capital. Prices rise and fall and past performance is no assurance of future performance. This website is an information site only.



Expert In



NZD/USD to go down to 0.6622 on July 28, 2020.


If we look at NZD/USD on the 4-hour chart, we see a divergence between the price and the Stochastic Oscillator. This indicates that NZD/USD will go down soon with the target between 0.6622 and 0.6612 as long as the currency pair does not retrace upwards and closes above the 0.6700 level. If this level is crossed, then the bearish scenario will be automatically canceled.


The material has been provided by InstaForex Company -