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AamirZahirali
Feb 19, 2024 11:06 PM

NZDUSD-4H-BULLISH REVERSAL Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is tranding in a bearish trend since long time and it will potentially reverse from here after breaking neckline of double bottom bullish points seems more stronger than bullish.

trend is very bearish although it has start consolidating but we would take entry after closing of bullish candle above neck line

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Comments
jaewillz
I'm also bullish on NZDUSD
JoeChampion
The current monetary policy in the US suggests more caution when it comes to dollar short, i would double think about NZDUSD shorts!
TheFxAce
The signs pointing to an uptrend, as you've shown, are very strong.
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