THIS PAIR OPENED AT WM2 & MM2 CONFLUENCE. THE WEEKLY SWING IS TO GET PRICE TO WM4, & WE HAVE A DOUBLE BOTTOM & A HIGHER HIGH WHICH PREDICTS A HIGHER LOW. A PULLBACK TO ROLE REVERSAL SUPPORT WILL OFFER AN OPPORTUNITY FOR BULLS TO GO LONG.

NZDUSD H1

MARKET IS BULLISH, 21 ABOVE THE 55. PRICE JUST TURNED BEARISH & STOCHASTICS IS HEADING SOUTH, I WILL WAIT FOR THE STOCHASTICS TO REACH OVERSOLD AND PRICE TO BE AT SUPPORT BEFORE CONSIDERING GOING LONG.

NZDUSD POST PLAN

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