This chart looks very similar to the Weekly NZDUSD
chart I published months back, the only difference is that this pair is not at the all time high, but the area at 1.55 is very important, as it has been the highest point the pair reached since 2009
. It is not worth playing this trade on the weekly chart, I am too late in finding it. Look to sell daily rallies. The major support stands at 1.47-1.48. If it does go until there, I doubt it will stop, but this is not a very volatile pair on the long term, so let's be cautious.
Missed daily signals :