Fxprotrader

NZDUSD Two Potential Scenarios For The Upcoming Week

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has been in a corrective structure for a while and it's now testing the upper bond of the rising channel it moved in. The most possible scenario is to start a move to the down once again. We should watch for a sell setup to complete at that level and after that to go short.

In case we have a breakout above the channel, we should wait for a correction and watch for buy setups.

Watch my previous flag pattern setup in NZDUSD             (link below)

Keep your trading simple, follow your own plan..! Like and comment if you agree..!
Volume NZD
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