As we've seen this pair showing bearish pressure and making a a higher low. We can expect further decline first to the lower level of the descending rectangle and then towards the 117 zone.
Longer time frames are indicating more upside with GJ. I'll be on the lookout for promising buy setups here.
I had seen possible evidence that this pair would come down sharply impulsively or correctively. However for now, I see momentous bullish pressure and I'd like to ride this way a bit higher. Looking for buy setups. Good luck and happy trading
As this pair has moved higher parabolically, we can expect a sharp drop to test lower support. Use proper risk management. Good luck.
The structure shows more potential to drip even lower once the bullish corrective move is complete.
Still bullish on this pair as liquidity has been grabbed by the market 1.16200 level more upside is imminent.
This pullback looks complete and further rise in NZDUSD is likely. Targets around 0.73200. Trade Safe.
I can see the first target being around 1.16250 and a good follow through we'll be targeting 1.16750. Trade Safe.
This pattern is showing us that bearish pressure is exhausted and more bullish momentum is yet to come soon.
What we have now is minor consolidation which will be followed by an impulsive move higher to the 134.1 area. Trade Safe.
Price seems to be respecting the ascending trendline after the bullish breakout. So I think a long position is valid there is such bullish momentum.
This pair has closed above an important resistance turned support. Bullish momentum is dominant.
I Closed 95% of my previous trade (LONG) and put it on BE. Ive entered this short term short position with a tight stop above the recent high. Targets will be around 131.850. Trade Safe.
Meaningful target as bulls took charge in the previous session.
An impulsive or corrective bearish movement is expected to retest previous strong resistance turned support.
I expect a huge Sell Off at Resistance to test the 1.12500 area
For now, I'm just waiting to see what she wants to do...
I expect that Pullbacks will be taken as good re-entry into Long positions, till we test the Key Resistance