NZDUSD longer term picture

At the moment Daily bullish Flag is on the chart. If price goes down from that Flag, next level is ~0.6300. Bouncing from here can lead to break out from the Flag to the upside and next target would be ~0.6945-0.7000. At the moment I am waiting for the signal to Buy.

Yorum:

Long position open, stop loss 0.6440.

Yorum:

Very nice bounce from the support, confirming initial trading idea.