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YProsper
Jan 14, 2017 4:42 PM

NZDUSD Long

New Zealand Dollar/U.S. DollarFXCM

Description

On the back of AUDNZD longs and shorter term USDx shorts i'll be looking for longs in this pair
We closed above respecting the equilibrium of the monthly bullish OB body.

Looking to long to take out December Highs and Previous Week Highs for liquidity.

Further rallies to put in a third touch of the descending TL is likely.
Don't normally trade with trend lines but in the words of successful traders they give us an opportunity to asses how much new dumb money will be in the markets.

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