SamKent

NZD/USD Bullish Breakout

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
2
We're getting a bullish breakout of the descending line on the NZD/USD 1H chart. We're interested in buying the pair in general, but not before it clears some proximate resistance hurdles, so we have it on our watch list. The general plan is to see these resistance levels cleared and to wait for a pullback and retest of them before entering long.