NZDUSD Weekly forecast 20th - 25th Jan 2020

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NU Weekly forecast 20th - 25th Jan 2020
- Starting this week with this pair doing a healthy pullback while also showing first signs of a bullish continuation.
- Market has started to show a inverted head and shoulders formation which hasn't been completed yet.
- This week looking for further moves to the upside from previous shoulder area!
- will trade any bullish trend that occurs.
weekly forecast, highlighting the overall trend with key levels to get an idea of the best targets in the upcoming week and weeks ahead. Basic projection of the market with technical/ fundamental analysis and is to be used for ideas, entry point analysis is done on a daily basis for entries with minimal drawdown.
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Trade active: NZDUSD Update - touched my minor buy zone and is showing exhaustion, got my first target up at 0.6665 over the week or weeks ahead. This pair could be a risky one before the buyers take control, consolidation would be good to see for more confluence going bullish.
Trade active: Check updated screenshot