The overall trend of the NZDUSD pair is bullish, both on the 4H and Daily frame
We expect the price to rise further after the touchpoint of the trendline, now that the corrective bearish trend is broken
We have extra confluence from the green histograms of MACD, and an increasing slope of ADX showing that a trend is ongoing
We expect the price to rise further after the touchpoint of the trendline, now that the corrective bearish trend is broken
We have extra confluence from the green histograms of MACD, and an increasing slope of ADX showing that a trend is ongoing
Trade closed manually
Trade closed at breakeven
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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.