LouisYingTrading

NZDUSD - Long Possibility - Updated

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Currency Pair: NZDUSD - Updated
Frequency: Daily
Predicted Direction

NZDUSD is nearly completed the corrective wave 2 with forming the 5-3-5 Zigzag pattern. It is expected the price will hit the support zone of 0.6990 - 0.6977 to finish its last impulse wave v before going up. The first target will look at the upper 50% Fib resistance level. If the price break through the resistance zone of 0.75143 - 0.74854 then NZDUSD will further target of the higher level of 0.78320 (61.8% Fib from July 14)
Comment:
Comment:
Waiting to hit my support and Buy in level at 0.69890
Trade active

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