NZD Up Trend Beginning?
Here are my ideas for a possible up trend beginning in the Kiwi. Looking to ascertain whether we are moving into a larger up trend or a correction. Will need to hold the position through the RBNZ decision on Wednesday.
Looking for a break above Target Level 1 to give confidence Up trend is intact. If that happens (If Then), looking at holding the position to target level 2 backed by a Fib cluster at SR.
Will re evaluate at that point.
Length of trade 6-8 weeks.
Looking for a break above Target Level 1 to give confidence Up trend is intact. If that happens (If Then), looking at holding the position to target level 2 backed by a Fib cluster at SR.
Will re evaluate at that point.
Length of trade 6-8 weeks.
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