NZD/USD is currently very bullish and if the current resistance is broken, it can go up 50 pips+ higher.
This is a continuation pattern.
This is a continuation pattern.
Note
Note
Here is the chart for USD/NZD (The contrary of NZD/USD). We clearly can see that it's not doing well for the US dollar. I often use this trick to analyse better. Order cancelled
This positions was entered a little bit soon. I should've waited for the support to really base itself before entering (The further we wait for a good support, the less bad positions we get into).
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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.