effilang

NZD|USD - Long Opportunity

Long
FOREXCOM:NZDUSD   New Zealand Dollar / U.S. Dollar
There is an opportunity to long the NZD|USD on the break of the descending trendline.

- Long entries should be above 0.59302
- Stop Losses should be below the last low of corrective 0.59270 (Red Horizontal)
- Target Point A: 0.60332 (Green Horizontal)

All remaining target and intermediary resistance points are marked above 0.59302 by consecutive horizontal lines (blue.)
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