Mihai_Iacob

NzdUsd- Back in the range- Bullish conotations

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
On Friday, NzdUsd has dropped under the rectangle's support.
However, the pair quickly reversed losses, proving that it was a false break and now is trading at 0.7155 and back into the range.
The long-term trend for the pair is bullish and the pair could resume its way up very soon.
0.73 can be the target for bulls and this scenario is negated by a drop under recent low

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