How To Make Money Today: NZD/USD Daily Market Analysis and Forex Trading Signals 28 February 2022

To assist you to make a good day-trading selection, we’ll cover the newest forex market analysis. Make more money today with our market analysis. You must know how to trade first and have at least a simple understanding of chart patterns. Aside from that, we’ll cover some basic tips and methods that can aid anybody curious in day trading strategies. So let’s start by looking at some charts from today…

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NZD/USD:

On the H4 chart, price is near 1st support level of 0.66590 in line with horizontal swing low support. Price can potentially rise to the 1st resistance level of 0.67452 in line with 61.8% Fibonacci retracement. Alternatively, price may break 1st support and head for 2nd support at 0.65903. Our bullsh bias is supported by how price is expected to bounce off the support of the ichimoku cloud.

Areas of consideration:

H4 time frame, 1st resistance at 0.67452

H4 time frame, 1st support at 0.66590

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