NZDUSD Bullish break to continue climbing
In the graph we can see how the price has broken the bearish structure that it carried and with it we expected this retreat to continue rising, the touch in the red point was either the retreat that we expected or a liquidity point that will be taken in the future to enable the green rectangle as bullish.
(1) Breaking this zone increases the odds that the price will not return to the green area and we will have to look for inputs in the new momentum from the red dot.
(1) Breaking this zone increases the odds that the price will not return to the green area and we will have to look for inputs in the new momentum from the red dot.
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