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BillionsFx
Sep 12, 2016 11:54 PM

NZDUSD NEW HIGH? BULLISH BULLISH BULLISH Long

New Zealand Dollar/U.S. DollarFXCM

Description

1) The pair has been making consecutive higher highs and lows in confluence with the overall bullish trend
2) Most recent bullish move = 3rd bounce of ascending trend line + upwards moving 200MA
3) Possibility for new highs on the pair @ 0.7500?
4) Target 1 0.74093 in confluence with 61.8 fib level
5) If price holds above 0.74093 we may see Target 2 @ 0.74998 thus creating a new high

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