MasterThePippage

NZD/USD big move to upside on the way?

OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Wagwan traders, here we have another setup that could be a very profitable entry if price does move to the upside and a possible start to an uptrend. We ended the week with a rejection to the resistance line but price did manage to close above it earlier in the day. With the price pulling back it may be looking to come down a bit before making that big upside move. I'll be looking for long position as long as everything goes well. Thoughts? What are your ideas for this pair? Don't be shy, I'm curious as to what other peoples ideas are towards how the market is acting. xxx
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