NZDUSD - Bullish Flag/Continuation - Watch for Confirmation
Greetings Fellow Traders,
Just a quick chart and trade set up for those that are looking. People in the forex chat room were talking about the direction of NZDUSD, I thought I would add my view on it before I hit the road for the holidays.
Current Bullish impulse up...we've been consolidating or correcting since peaking near a familiar high at .6835. Watch for a break of the channel shown for an almost immediate continuation to that same high but more than likely a rise to the .69000 area.
This chart should have everything you need - any questions please leave a comment or send a private message.
Please do your own analysis before entering a trade. If you enjoy what you see or have questions, feel free to comment/like or follow.
Happy Holidays!
Just a quick chart and trade set up for those that are looking. People in the forex chat room were talking about the direction of NZDUSD, I thought I would add my view on it before I hit the road for the holidays.
Current Bullish impulse up...we've been consolidating or correcting since peaking near a familiar high at .6835. Watch for a break of the channel shown for an almost immediate continuation to that same high but more than likely a rise to the .69000 area.
This chart should have everything you need - any questions please leave a comment or send a private message.
Please do your own analysis before entering a trade. If you enjoy what you see or have questions, feel free to comment/like or follow.
Happy Holidays!
Comment:
Last trade update on Trading View for the week - If you're looking to go long still - do so with a pending order on a new high. .6840. Cheers, Happy Holidays.
