KarYong

NZDUSD - Long term upside potential

FX:NZDUSD   Dolar New Zealand / Dolar A.S.
Price broke the bearish diagonal structure impulsively last week.

We are now expecting more upside on the Kiwi.

Simply wait for a decent corrective structure to give us the 'confirmation' to take a long term bullish position.

*Disclaimer - This analysis alone DOES NOT warrant a buy or sell trade immediately. Before you enter any trade in the financial market, it is very important that you have a proper trading plan and risk management approach.

The sharing of this idea is neither necessarily indicative of nor a guarantee of future performance or success.

Penafian

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