tinypotatodotca
Long

NZDUSD - wedging? or rolling over?

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
28 0 4
Looking at the intraday moves. NU could be wedging upwards and looking to break out long.

Currently at 0.7322 the risk reward is about the same for either a short or long trade. However, since NU entered the area coming up. I prefer a LONG ever so slightly.

Main concern is the slightly lower highs. However, they are not unreasonably lower highs.
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