NZD/USD Possible Future Movement
Despite todays action, price has finished fairly static but Momentum has moved up and is positive and above average. Volatility is less to the downside and the MA's are in correct alignment. I therefore think there is a fair chance that price will go up from here.
Trade active
Move the stop to break even. The 200EMA could be in the way of a larger move up but the momentum indicator does show a further increase so that is in our favour.Trade closed: stop reached
Predicted move up and predicted 200EMA would get in the way so happy with result.
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