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NZDUSD Both scenarios explained.

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
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OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Pivot Points Trend Lines pivot trendanalyse
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supportandresistance pivotpoints trendline pivot trendanalyse
Hello traders,

Before opening a long order make sure 0.6050 is broken up, in lower timeframes.

Cluster of 4 things including but not limited to monthly pivot, middle of bearish channel, trendline and strong support could be a perfect entry point!

Alternatively, a short option is available around 0.6101.

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NZDUSD: Technical view
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