First published idea from an inexperienced trader.
as the NZD/USD weekly approaches a close, a hanging man appears to be forming on top of a strong support line, NZD/USD is at it's lowest point for over 12 months.
bearing in mind we have the NPF tomorrow so this can go either way and break the support.
I am bullish on this pair, I suspect the bullish reversal to hit the downward trend line and possibly even break to the resistance line of 0.7328
I have only just noticed I haven't expanded my P&L target to my top resistance line where my arrow also finishes.
however, for my first ever shared analysis I don't think I am doing to bad considering this is a long over a number for weeks and still going strong...
however, for my first ever shared analysis I don't think I am doing to bad considering this is a long over a number for weeks and still going strong...