Alex.Singletary

If this level holds will expect the upside to continue here

Long
Alex.Singletary Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
6
Oversold in an RgMov uptrend. This level may provide an area for longs. Let see how it develops
Trade active:
Good to go long on dips now
Comment:
Stay on the long side here. Keep buying OS dips
Comment:
we have built minor divergence on top of some major divergence. Above 7300 we can really get going
Comment:
We never broker above 7300 so we closed longs on this position and flipped short instead, anticipating a break of the level highlighted as our support. Now we are nearing the next support level. Lets see how it reacts there
Comment:
this level should hold due to NFP. Lets see
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