NZDUSD - Breakout!
The price seems to have broken out of the symmetrical triangle and the price looks to be retracing (most likely for a retest of the broken resistance level). This is interesting because the price has formed a bullish channel and once the price bounces of this new support could move up to around 0.7070. I will keep everyone updated on my findings over the comings days.
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.
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.