The New Zealand dollar has suffered high pressure in the recent days. It gained momentum last friday, however, the fundamentals stay the same and the Euro is taking advantage of some positive consensus regarding its next monetary policy meeting. These conditions should create further acceleration to the upside. My final target is 1.8619 .
Note
Rebound on ichimoku cloud. Still holding...Note
Hold.. Patience is key and we are still inside the cloud!Note
Still inside of the cloud. The setup remains valid, apply risk management!Note
Higher low confirmed! Still expecting a new higher high.Note
Still active. PLease understand that those are swing trades. The RR to the target remains positive! Managre risk properly!
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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.