lawlee9
Long

NZDUSD New game plan

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
14 0 2
What looked like a squeeze on the daily to the downside, now looks like a falling wedge, which would bring prices to the upside. We also have a lot of hidden divergence indicating moves upward. Lastly, we see a breach of a minor trendline within the wedge. I see this breaking up towards the top of the wedge, and then breaking out of that to hit a significant resistance level, at which point we'll re evaluate.
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