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NZDUSD - Range Break

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
AlkalineFX  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators Wave Analysis NZDUSD nzdusdshort Technical Analysis nzdusdlong sentiment
3
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trendanalysis indicator waveanalysis nzdusd nzdusdshort technicalanalysis nzdusdlong sentiment
Although we did see a break of the consolidation area marked in blue, we are now facing a key structure level marked red. Before you consider any buys it would be best to wait for a break and a re-test of the structure as illustrated.

IG Client Sentiment - 64% short
COT Data Source - 61% short

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