QuileHills
Long

NZDUSD Trend and Divergence

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
315 2 15
NZDUSD             is showing some bullish divergence on the 4H RSI after experiencing a steep fall to start the month. I'm looking for a trend break along with a break of the local             maxima (0.70945) to enter long to the previous consolidation area.
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Comment: SL moved just above BE at 0.71114
Trade is playing out beautifully, great analysis
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Agreed, I was in since Friday, Let's see how this will work out...
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