NZD/USD Possible Upward Move

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hello Traders

Last week, NFP and unemployment news did mixed signals. NFP got bullish but so weak. in the other side, unemployment did a bearish signal.
We believe all USD pairs are going to make correction moves until FED's interest rate decision.

So here is why we are bullish on NZD/USD:

1- RSI and Stochastic made a RD+.
2- Possible Double bottom formation.
3- in macro TF Price is moving inside of Triangle.
4- Price is struggling with downward trendline.
5- an engulfing bullish candle(4hr TF) has been made on support.

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Thanks For Reading
Team Fortuna

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