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Trader Journals:::2026-04-13T05:01:45

NZD/USD

NZD/USD, Monday, April 13, 2026

NZD/USD

A downward GAP occurred at the market opening for the major currency pair NZD/USD. This afternoon, on the H4 timeframe, the price seems to be moving upwards, attempting to close the GAP at the price level of 0.58150, hitting the convergence area of the orange EMA200 line with the blue EMA21 and the purple EMA50. The bearish technical support direction is still evident in the CCI14 indicator, which is currently moving downwards below the neutral area of the zero line. In general, a trading plan to SELL NZD/USD for today would be a profitable choice, by placing a stop loss at the higher area of 0.58680, and a take profit target at the lower area of 0.57700.
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