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ProsperousTechnician

LONG set up on NZD/USD

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
ProsperousTechnician  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators LONG Forex swingtrading Divergence Currencies NZDUSD lifestyle education
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trendanalysis chartpattern indicator long forex swingtrading divergence currencies nzdusd lifestyle education
After being being held down for almost 2 months, I now expect this pair to correct to the upside!

We have strong MACD divergence on the daily and weekly charts at this key area, as well as 2 daily closes showing price is holding strong!

1Hr chart is showing signs of a reversal and is holding firm about 50 and 20 EMA

I am looking to Take Profit at 50 EMA on the daily, giving me a nice 2:1 Risk reward.

If you like my analysis, please drop me a follow on here or on IG @saxonpoley!

And if you are interested in how I trade, drop me a DM!

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