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Pjorge89
May 20, 2017 7:25 PM

Long on NZDUSD Long

New Zealand Dollar/U.S. DollarFXCM

Description

I am very confident we are ready to continue to the upside on NZDUSD.
We have strong rejections on monthly support level .68500. Price has come back above
the weekly ascending trend line and it seems so that we are ready to continue to the upside.
Although I do believe we can reach weekly resistance .7075, my overall target here is target 2.
USD is also crashing. :)


-Best regards and Safe trading

Comment

Overall Risk Reward:
1:1.7
1:4.15

Comment

Broke the counter trend line . Momentum building
:)
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