The New Zealand dollar has suffered high pressure in the recent days. It gained momentum last friday, however, the fundamentals stay the same and the Euro is taking advantage of some positive consensus regarding its next monetary policy meeting. These conditions should create further acceleration to the upside. My final target is 1.8619 .
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Rebound on ichimoku cloud. Still holding...
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Hold.. Patience is key and we are still inside the cloud!
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Still inside of the cloud. The setup remains valid, apply risk management!
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Higher low confirmed! Still expecting a new higher high.
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Still active. PLease understand that those are swing trades. The RR to the target remains positive! Managre risk properly!