SteynTrade
Short

NZDUSD pullback gives good oppertunity to go long

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
NZDUSD             has shown good signs of strength. However, we see good rejection candles at the median line of the Pitchfork . Price still made a higher high (HH) even if only just. 'TDI is also showing some bearish sentiment . So we possibly could see a pullback this week to the lower median line of the Pitchfork . Notice the no demand candles (low volume small spread) at the bottom of the pullbacks. So I will be looking for a pullback this week to the lower median line . Then on a no demand candle will be looking to go long following the mark-up phase.
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