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KlejdiCuni
Aug 9, 2022 9:46 AM

NZDUSD | Will The Price Increase More? Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD | Will The Price Increase More?

Since July 20, when the price broke out of the structure we
can see that it is expanding the pattern.

Every time we see a higher high the price moves back down
to the support area of the structure.

This is a clear signal that the price keeps expanding and the probability is very high
that we can see the bullish movement very soon.

A breakout of 0.6400 will increase it more.

Thank you and Good Luck!
Comments
ProjectSyndicate
stuck inside short-term range very slow price action recently
HAMED_AZ
Great idea
FOREXN1
Thanks for great analysis!
Mihai_Iacob
I m also bullish nzdusd
I m looking for a rise to 0.65 zone in medium term
UnknownUnicorn15614419
The chart is pretty good
Babenski
Great setup
yonsfx
Appreciate it cuni
TheTradersAvenue
Great explanation, thanks for sharing.
DeGRAM
Thank you. Great job.
RLinda
Nice analysis. Thanks for sharing my friend)
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