That said, we think that NZDUSD made a nice bullish setup that can send price back to highs 0.6970 highs or maybe even higher. Just have in mind that we still need a confirmation for this, so bulls can be confirmed only above 0.6880 region!
Of course, this may take some time, it could stay sideways or it can go even more complex, but anyhow, we will remain bullish as long as it's moving above 0.6425 invalidation area.
Disclosure: Please be informed that information we provide is NOT a trading recommendation or investment advice. All of our work is for educational purposes only.
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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.