BlueberryMarkets

VIDEO ANALYSIS: NZDUSD REMAINS CONSOLIDATED

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD has been playing out within a large consolidation pattern on the daily and weekly timeframe.
Price seasonally for the kiwi sees growth and we could expect prices to break higher moving forward.
However, we have to remain aware that price is within this larger timeframe consolidation and price
could remain here if we see any rejection of the higher trendline resistance.
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.