nezam02

NZDUSD possible buy zone!

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD has changed it's downtrend to the uptrend as the USD has got little weaker this week. NZSUD has formed a versal pattern with strong breakout. As the daily has formed a bullish engulfer, NZDUSD may continue to rise with its new uptrend. Once price retrace to previous neckline of inverted head & shoulder, a buy trade is highly probable in NZDUSD .

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