NZDUSD - Simple buy position coming up
NZDUSD - You can see how well this pair has shaped up to be.
We have a nice daily support line which lines up perfectly with our trendline. If we take a look at the stochastic we can see it isn't really showing that we are over bought or over sold (which would normally be a good indication of where price should move next) but that's why you do not trade purely using indicators, they are there to assist you not give you the answer.
Let's see where the market opens and we can start looking to go for a buy position.
Struggling to understand charts? drop me a message let's see if I can help you out.
We have a nice daily support line which lines up perfectly with our trendline. If we take a look at the stochastic we can see it isn't really showing that we are over bought or over sold (which would normally be a good indication of where price should move next) but that's why you do not trade purely using indicators, they are there to assist you not give you the answer.
Let's see where the market opens and we can start looking to go for a buy position.
Struggling to understand charts? drop me a message let's see if I can help you out.