NZD has shown strength recently resulted in a bouce off the upward trendline (and in total 3 times). SL has been placed under both this structure and the horizontal support.
Price is moving upwards in the medium term. Expecting price to eventually meet the longer term downward Trendline...
Looking for a Long (Buy) trade.
Will have to wait and see how this continuation forms over the next few hours.
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.