NZDUSD Trading In Ascending Channel Pattern.

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD Is trading in Ascending channel pattern after giving breakout from long term patterns. It might continue to trade in channel pattern for more time. Day trade for long or short can be initiated at support and resistance of channel pattern. Long term trade can be initiated after the breakout from channel pattern on either side with proper risk management and stop loss.