Possible buying opportunity on NZDUSD. On the H1 time-frame a double bottom has formed and price moved up and broke through previous resistance. Price almost touching WM2 which serves as the new support, role reversal. As confirmation we have 21 above 55 MA, and Stochastic looking to cross and face up. Interestingly we also have a double bottom just formed on M15 time-frame. My bias here is Bullish.

Buy opportunity on NZDUSD h1

Double-Bottom M15

2 thoughts on “NZDUSD plan”

  1. nahomie kragbe says:

    looks great

  2. Thanks Nahomie it can be a long term trade, hopefully the trend continues

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