NZDUSD: Buy setup towards 0.7200 and Above for FX:NZDUSD by robus

NZDUSD: Buy setup towards 0.7200 and Above

We are doing corrective 3 or 5 waves , possible D towards 0.73000. Look for bull flag for breakout on lower tf before entering buy. Weekly remains huge corrective structure between 0.73500-0.67500 range. DXy has made significant down move. on weakness of dxy buy NZD.

Trade your own plan.
Good Luck

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Approaching D

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Time for E
to quote "After the New Zealand Dollar’s latest rebound, the RBNZ is likely to reiterate its desire to see a weaker NZD/USD exchange rate on Wednesday.""

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Progressive pattern

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This is progressing really well, best buy would be in area of 0.68100-0.68500

robus

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robus