NZD/USD Bullish Structure Cues for More Upside

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,

The NZD/USD is trying to climb towards D L5 camarilla level. If we see a push to the upside the structure will be completed.

0.6080 zone is where the POC is located. The V shaped reversal is playing out. Bulls are stronger. We can see now moment buyers pushing the price above it. If the market continues up we should see 0.6117. W H4 pivot is the first resistance. Above, we will see a final target which will complete the bullish structure. 0.6138.

The analysis has been done with the CAMMACD system.
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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

 

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