Review NZD/USD 13.04.2018
Fundamental analysis: the current week for the New Zealand dollar was bullish, and the price continues to confidently break through the daily highs, striving for 0.74000. Today's news on USD - JOLTS Job Openings, Michigan Consumer Sentiment Index and FOMC Member Robert Steven Kaplan Speech - can significantly affect the course.
Technical analysis: the short-term bullish trend, which started on March 20 from 0.71516, continues. The medium - term trend is also bullish, starting in November 2017 from 0.67779-has not yet unfolded. On the H4 chart, the «Alligator» indicator that has «opened its mouth» upwards is clearly visible.
Trading recommendations: long-term trend of NZDUSD is bullish since 2009. Thus, we are dealing with a strong trading signal - unidirectional movement of three trends. Priority - long positions, if the movement continues above 0.74000. Cancel this script and switching to short positions in the breakdown of the level 0.73455.
Sincerely, Sergey Ryazantsev - financial analyst of brokerage company AMEGA