SteynTrade

NZDUSD Spring forming

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
The NZDUSD is going through accumulation as is the AUD and EUR. Based on a Wyckoff logic a spring is potentially forming. NZD has shown signs of adsorption volume in Phase B while showing strength in an upward channel. Once the markup starts this pair is a good option to follow the trend due to the strength shown.

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