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YBCOSTAFX

NZDUSD BUY IDEA

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
YBCOSTAFX  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Trend Lines Fundamental Analysis
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supportandresistance trendline fundamental
- Price was in a descending channel, bouncing from trendline to trendline but has now broken from the trend line
- When price breaks a trendline channel, generally you want to see price retrace to a support or resistance zone. Which price has done nwo
- I'm expecting a long term reversal of trend for XXXUSD pairs.
- NFP is tomorrow, so we'll need to consider that
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