Details on chart.
Note
Daily close above 0.68 will bring new high into nzdusd..Note
We have Rate Cut from Bank of New Zealand.. but bullish setup still holds as nothing has been damaged so far.. If price remains above 0.653 then jumps of nzdusd will remain in play.. I have another position now from 0.6638..
Note
Closed position by margining with 2nd deal from 0.6638.Will look to buy again on dip.
Note
This bird will fly high.. all higher time frames depicting high in nzd. I am bullish regardless rate cut..!!!
Note
I think we are now close to breakout.. sooner or later we will have breakout.. as yesterday prices kept nicely above 0.653 and 0.656 which boosted nice jump... So buy nzdusd into dips for 0.72, 0.74 an 0.77 target...
Here is my recent setup from 2 days ago..
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Disclaimer
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.