FX:NZDUSD   New Zealand Dollar / U.S. Dollar
A longer term outlook on this pair. It has posted higher highs and higher lows over the course of the last half year. Last month and this month it seems to be breaking out of its ranging behavior from earlier this year and looking to make moves upwards again.

On the Daily we see seller rejection with the long wicks and an indecision candle forming, the channel bounce supports further up movement from here in that it's likely to follow it up since it bounced twice before. Furthermore the 3 touches down support for a possible channel break (let's see here).

I'll enter on the 12 hour chart when price makes a clear higher high, it's then likely to make a new higher high near the next Support and Resistance area from June 2015 at the 0.7 price zone and perhaps even further.

Comments or idea's, please do let me know below. Thanks for reading!
Trade active: On it goes
Trade closed manually
It didn't move up further at this resistance zone, so took profit earlier
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out