The 4-hour chart of NZD/USD has formed a bullish trendline. It has also formed a bullish engulfing candle on the trendline.
If the price crosses 13-SMA,then it validates the trend and a strong up move will be followed.
If the price crosses 13-SMA,then it validates the trend and a strong up move will be followed.
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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.