Overall view of NZDUSD - Update of June 24th week
Updated
Odds of a bull continuation are high as prices pursue their way to the resistance zone. However we could experience a pullback or reversal, in fact the resistance area rejected many upside breakout attempts.
Possible targets: @0.66800 (+30pips).
Advice: Stay bullish and buy at any low point while we don't break the 0.66000 bottom level.
Possible targets: @0.66800 (+30pips).
Advice: Stay bullish and buy at any low point while we don't break the 0.66000 bottom level.
Note
We were closed to reach the target; in fact prices rejected at the resistance zone. Odds of a bull continuation turn medium, as we are likely to face a pullback. Remain bullish and look for low points to buy.Trade closed: target reached
Target successfully reached. We closed all our positions
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