Hey mates, On the weekly chart of the NZD dollar index, we can see it is at a demand zone, a trend line resistance, and a significant fibo level. I am expecting a break to the upside for ZXY within a week's time given solid fundamental data. Keep an eye on all NZD pairs in the month of October, they might break out. Like, comment, or PM me if you find this useful :)
I think we're currently due for a pullback but mid-term, watch for price to bounce between zones. Like, comment, follow, or PM for more!
CAD CPI this AM might make it move. Looking to short on strong downward momentum.
Looking to long EU after a sure break and hold above the first thick horizontal S/R line.
See notes on chart. Come join my team and make SAFE. PROFITS. EVERY. DAY. - C
Waiting for Price action to determine the next trade. An AB=CD formation has been created within the channel. Will look for a break upwards with a strong close to go long otherwise it will rebound to the bottom trend line of the channel.
News coming shortly, don't know if it will have an affect on this pair. I am waiting for price action to determine the trade.
Waiting for pullback. Follow me fore more! PM me for my FREE telegram analysis channel. Let's make money TOGETHER! Casey