Technical analysis of NZD/USD for Oct 11, 2017

NZD/USD still moving bellow the EMA 34 this means the Sellers is still take control at this pair and higher likely and most of time this pari will moving in Bearish situation as long as 0.7204 as the Critical Levels not breach then the Bearish condition still running in this pair.

Disclaimer: Trading Forex (foreign exchange) on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

About Arief Makmur

Born May, 15th/1970 at Jakarta; Graduate from Trisakti University in 1998 at Major: Corporate & Bussiness Law. Starting in Finance World in 1998 at Jakarta Stock Exchange & Familliar with Forex Market since December 2003. Single Man Interests: Trading In The Forex Market
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