vdubus
Long

NZDUSD LONG 0.77 / 0.775 / 0.78 /

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
62 0 0
NZDUSD             retraced beck in to the top side of the trend in to a continuation
LONG 0.77 / 0.775 / 0.78 /
This has proved to be a major support / resistance zone so price could possibly deflect of the upper flag channel to the down side. at 0.77
I favour going long due the pair have changed direction of the trend using the 75/85 ma's as support as well as putting in a double bottom prior to ma's being resistance

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