After it has broken the neckline resistance of the H&S pattern, NzdUsd rose aggressively, exceded measured target, and found resistance at 0.6750.
The pair started the year with a much-needed correction of around 150 pips.
We believe that the correction is over and the pair could challenge 0.6750 resistance again.
Strategy:
Buy dips as long as the price is above 0.66
Target 0.6750
The pair started the year with a much-needed correction of around 150 pips.
We believe that the correction is over and the pair could challenge 0.6750 resistance again.
Strategy:
Buy dips as long as the price is above 0.66
Target 0.6750
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📈 Forex & XAU/USD Channel:
t.me/intradaytradingsignals
💎 Crypto Channel:
t.me/FanCryptocurrency
🌟 Premium Contact:
t.me/IacobMihai
