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NZD/USD LONG SETUP AFTER ECB

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Dolar New Zealand / Dolar A.S. (OANDA:NZDUSD)  
Forex48_TradingAcademy  
OANDA:NZDUSD   Dolar New Zealand / Dolar A.S.
Trend Analysis Chart Patterns Fundamental Analysis LONG setup NZDUSD XAUUSD EURUSD Forex signals strategy priceaction
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trendanalysis chartpattern fundamental long setup nzdusd xauusd eurusd forex signals strategy priceaction
On NZD/USD, we have a bullish setup where the price has followed the news and eurozone rates and retraced to the level of 0.6230. I expect a probable bounce as we have a resistance and a confirming trendline, along with higher highs and higher lows, and a supporting demand zone. Additionally, there is a supply level at 0.64, which would serve as the target for our long trade if we were to enter the market. Currently, we are waiting for confirmation on the M15 chart. Happy trading to all, Nicola, CEO of Forex48 Trading Academy.
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