FX:NZDUSD New Zealand Dollar/U.S. Dollar
We appear to be in a strong upward trending channel where levels have been tested several times with one small breakout before re-entering the upward trending channel. I am expecting a move back towards the trend line as shown through looking at both and Stochastics which are both showing signals. I will then be looking for a bounce from the trend line and look to go long up to 78.6% fibonnaci retracement.