miketiger

NZDUSD will need a retrace for more liquidity

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
(4h analysis)

NZDUSD is on an uptrend but seems we will need more strong for more ups. We can even go few points up before down, but 0.69 will be a perfect target before new highs.

On these study we have 3 options.

But before we will need a confirmation of a break of the up channel

Good luck for your trades.

This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market.
But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.

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.