NzdUsd could rise to 0.6
Since the end of September low, NzdUsd started to consolidate and looks like is carving a bottom.
We have a sequence of reversal candles in this zone and a correction to the upside has become very probable.
Also, looking at a weekly chart we can see that this zone coincides with the pandemic low, which reinforces my idea of a bottom.
Buy dips is my strategy for this pair and as the target, swing traders can have 0.6 in sight.
We have a sequence of reversal candles in this zone and a correction to the upside has become very probable.
Also, looking at a weekly chart we can see that this zone coincides with the pandemic low, which reinforces my idea of a bottom.
Buy dips is my strategy for this pair and as the target, swing traders can have 0.6 in sight.
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