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NZDUSD Breakout To The Upside (Daily Chart)

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
trendtrader  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns NZDUSD nzdusdlong nzdusdtrade nzdusdanalysis nzdusddaily nzdusdbreakout nzdusdbuy nzdusdforecast nzdusdidea
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trendanalysis chartpattern nzdusd nzdusdlong nzdusdtrade nzdusdanalysis nzdusddaily nzdusdbreakout nzdusdbuy nzdusdforecast nzdusdidea
NZDUSD has shown a strong breakout in it's daily chart, blasting through it's resistance breakout level of 0.60700, making it's way to the next resistance level of 0.62000. I see the upward movement of NZDUSD to continue all the way to 0.62000, which is where I would place my take-profit level. This breakout in the daily chart is a good breakout.
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