Hi everyone:
USD pairs took a big hit yesterday. WE are seeing all bearish momentum on USD pairs, and NZDUSD is looking very good for a long play.
On the 1 hr chart we are seeing the price action breaks out of the falling wedge, and make a new high. I am looking for a pullback to form a higher low, Head and Shoulder pattern to go long.
Targeting the 38.20% and 61.80%.
Thank you for your support and feedback.
JoJo
USD pairs took a big hit yesterday. WE are seeing all bearish momentum on USD pairs, and NZDUSD is looking very good for a long play.
On the 1 hr chart we are seeing the price action breaks out of the falling wedge, and make a new high. I am looking for a pullback to form a higher low, Head and Shoulder pattern to go long.
Targeting the 38.20% and 61.80%.
Thank you for your support and feedback.
JoJo
Comment:
Daily Chart:
Comment:
Looking good right now..
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