NZDUSD; Time To Go Bullish Again

Long

New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)

FX_IDC:NZDUSD New Zealand Dollar / U.S. Dollar

This channelized structure doesn't look impulsive. I will go long when the bulls break the channel up. If price trades back above the 0.6620, bulls will show first sign of this decline being corrective.

Good luck,

Ali Sharif Azadeh, CFTe

Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.