Mihai_Iacob

NzdUsd- Correction is most likely over

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
In my previous NzdUsd analysis, I said that I'm bullish and I expect the price to rise to 0.73 resistance and at this moment my opinion is reinforced.
After a short dip under support, the pair has reversed on Friday, and yesterday we have a strong bullish day that concludes a "Morning Star" candlesticks formation on out daily chart.
NzdUsd looks prepared for more gains in the coming days and my target remains 0.73.
Interim resistance is 0.7215 last high and only NzdUsd back under 0.71 would change this bullish perspective.
Traders should look to buy dips on this pair

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