TradingView
Theperfectionist
Jun 25, 2019 1:54 AM

Overall view of NZDUSD - Update of June 24th week Long

NZD/USDOANDA

Description

Odds of a bull continuation are high as prices pursue their way to the resistance zone. However we could experience a pullback or reversal, in fact the resistance area rejected many upside breakout attempts.

Possible targets: @0.66800 (+30pips).

Advice: Stay bullish and buy at any low point while we don't break the 0.66000 bottom level.

Comment

We were closed to reach the target; in fact prices rejected at the resistance zone. Odds of a bull continuation turn medium, as we are likely to face a pullback. Remain bullish and look for low points to buy.

Trade closed: target reached

Target successfully reached. We closed all our positions
More