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AlkalineFX
Aug 2, 2020 10:08 AM

NZDUSD - Range 

New Zealand Dollar/U.S. DollarFXCM

Description

Although this pair has broken out of a significant ascending trendline we can't dismiss that it is still cant within a range. We must be patient and allow it to show us clearly what it would like to do next, I will be looking for something similar to what I have illustrated before I consider a trade on this pair.

Looking to me like it could be a strong week for the dollar next week however we can be predictive we must be reactive to the markets.
Comments
meysam4154
it can be a head & shoulders and then go down
Babylon-
Any ideas on the AUD/USD? Would be appreciated.
ProdigyTrading
What makes you think we may see dollar strength next week?
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