NZDUSD broke out of its uptrend by breaking the trendline on the 4h chart.
We may get a confirmation pullback here depending on the strength of the trend.
The first target sits at 0.56800 and if we break this support, we may even head back down to the 0.55950 zone.
We may get a confirmation pullback here depending on the strength of the trend.
The first target sits at 0.56800 and if we break this support, we may even head back down to the 0.55950 zone.
Trade active
TARGET 1 REACHED.
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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.