TradingView
MujkanovicFX
Mar 21, 2019 7:08 PM

NZDUSD Potential Buy Setup on H4 Long

New Zealand Dollar/U.S. DollarFXCM

Description

Hi traders! Here we have a beautiful setup on NZDUSD. After the initial strong up-move following the Fed meeting, the pair gave back its gains to trade near a confluence of a horizontal support and trendline support.

The current H4 candle shows that buying momentum is building up, which could send the pair further up.

Like our analysis? Please hit the "Like" button and join us on Telegram -> t.me/CommaFX
More