NZDUSD Potential Long Signal

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Also highly correlated to AUDUSD             , NZDUSD             has been very bullish over the past few months. For that reason we are looking to hop on this upward moving momentum with a potential long position upon a bounce of this support zone between .68400 and .68700 and then a break above and close above the trend-line resistance marked by the blue trend line . As usual we would like to see confluence from our proprietary algorithm predicting a move to the upside with a forecast percentage of at least 85% or more. In addition we would like to see retail sentiment move to -1.50% or more as we currently are sitting at -1.36%. If these three conditions come into play we will be presented with a very high probable long setup so make sure that you are following to receive updates on this signal.

Currently, our algorithm is predicting a move to the upside upon a break of the trend-line resistance with a forecast prediction of 78%, which can be seen in the image linked below. While this is not quite as high as we would like to see the prediction percentage we will receive updates every hour on the hour on our algorithm and the percentage may increase. Make sure you are following to receive updates on this signal and to be notified if we do take this long setup!

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Comment: Updated 4/4/16 7:40 PM EST:
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