TradingView
trendtrader
Apr 29, 2020 11:04 PM

NZDUSD Breakout To The Upside (Daily Chart) Long

New Zealand Dollar/U.S. DollarFXCM

Description

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.
Comments
trendtrader
What do you traders think of this breakout? Will it follow through?
More