OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
On daily chart the trend is still bearish , and sincerely, we expected a completion of the bearish impulsive structure slightly low (wave 5 around 0.6470/0.6450). At the same time we do not exclude that what we see on EW chart, wave 5 completed, it could be corrected, so if our analysis is correct, the pair should work the trendline (resistance) in the short term, and reach our TARGET 1 around 0.6860 (see our bullish setup on chart below) in the medium term. In conclusion, we want to consider this rally as a technical rebound, so our work will be focused on resistance (looking at the daily chart ) and on the supports (looking at intraday chart).

OUR BULLISH SETUP ON INTRADAY CHART
(Click and Play on chart below)

OUR STRATEGY IN PLAY: move stop loss to breakeven.

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Thank you for support and trade with care!
SignalSwiss Ronnie_Dong
@Ronnie_Dong, nice chart! thank you for sharing!
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Ronnie_Dong SignalSwiss
@SignalSwiss, thx 2
+1 Reply
SignalSwiss Ronnie_Dong
@Ronnie_Dong, All the best, bro! :)
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Good chart and analysis, thanks
+1 Reply
SignalSwiss Larrycrypto
@Larrycrypto, thanks for your comment!
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