SteynTrade

NZDUSD Still looking for a break of the median line

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The NADUSD found resistance at the Pitchfork Median Line and is retracing. Looking for a no demand day at the 50%Pitchfork line and trend line to go long. The 50 day sma is about to cross the 200 day sma which will signal that the market has turned bullish. Look at the previous posts to see how the Wyckoff evaluation of the market accumulation has progressed.

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