NZDUSD Is Very Bullish! Long! NEW ZEALAND DOLLAR VS US DOLLARTRADENATION:NZDUSDSignalProviderPlease, check our technical outlook for NZDUSD. Time Frame: 12h Current Trend: Bullish Sentiment: Oversold (based on 7-period RSI) Forecast: Bullish The market is approaching a significant support area 0.586. The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.596 level. P.S We determine oversold/overbought condition with RSI indicator. When it drops below 30 - the market is considered to be oversold. When it bounces above 70 - the market is considered to be overbought. Like and subscribe and comment my ideas if you enjoy them!