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jahhlee

NZDUSD - Descending Channel = Buy or Sell?

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
jahhlee Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns
5
2
trendanalysis chartpattern
NZDUSD is in a descending channel and I believe it will break out and be a great buy. We have to wait for confirmation on the buy, though. Once it breaks out the top of the channel, it should be a good time to buy. If it breaks the bottom it will be a good sell.

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