NZD/USD Continues With Uptrend Above W L3

2 min read
tarantula fx

tarantula fx

Head of Trading

Dear Traders,

The NZD/USD shows signs of a very strong uptrend. We should see a continuation to the upside.

0.6670-85 is the zone where we should expect a bounce if the market makes a retracement lower. The first target is the ATR projection high – 0.6727 followed by 0.6734. A close above W h3 – 0.6734 suggests a further continuation up towards 0.6765. as long as 0.6587 holds the pair will be in a strong uptrend.

The analysis has been done with the CAMMACD.core template.
For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

Leave a Reply

avatar

This site uses Akismet to reduce spam. Learn how your comment data is processed.

  Subscribe  
Notify of