RobertSoos

NZD/USD - triangle bullish break out

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Fed is strongly divided on monetary policy but even 2 rate hikes are below market expectations. Kiwi $ is an attractive currency for carry reasons also.
Techically for the NZDUSD long position to work out the 0,6760 support needs to hold (double bottom formation) + bullish candlestick formation has to appear. Without these two conditions not entering this position!

High risk-reward potential (approx. 1:5).

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