VanSteenMarketResearch

NZD/USD - Start of a new uptrend?

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Higher timeframe showing perfect rejection of a trendline, extra confirmation for this setup.

Looking for a pull back to .69700 , see price respecting that area of support to form a swing up.

If that happens aim back for .70 round number, when that breaks; target .70400 / .70500 area.
Comment:

Price perfectly retracing and spiking up like expected; let's see if it breaks further up
Comment:

Price heading towards target

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