OGFXTRADER

NZDUSD LONG PRICE ACTION FORECAST

Long
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
The price action has been trading within an ascending channel; after rejection from the support line, it has bounced and turn into a bullish momentum. Now, the recently formed golden cross with the EMA confirms the upward continuation and buyers force that remains. Allows the setup of a buy order after the retest of the broken supply zone.

The order:
Type: buy-limit
S/L: 30 pips - R:R | 1:4 -
T/P: trendline resistance

--
*** If you like the idea, don't be shy, click on like and comment. If you disagree, just comment ;-) | Thanks for your support!!! ***

FEEL FREE TO CHECK MY SOCIAL NETWORKS FOR MORE MARKET INFORMATION 🇺🇸 🇪🇸

INSTAGRAM:
www.instagram.com/og.fxtrader
FREE TELEGRAM:
t.me/ogfxtrader
TWITTER
twitter.com/ogfxtrader
FACEBOOK
www.facebook.com/ogfxtrader
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.