ErionRasha

NZDUSD bulls short term play

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
We have a long downtrend channel formed from around July and still going. It seems we have a short uptrend going on within the channel, possible break of "Fallen Wedge" short term bullish pattern. Looks like a supply zone and resistance on the upper trend line of the Channel possibly at .6900 should be good sell.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.