NZDUSD: Bullish Setup Explained 🇳🇿🇺🇸

Long

New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)

OANDA:NZDUSD New Zealand Dollar / U.S. Dollar

Flag Parallel Channel Trend Lines NZDUSD DJ FXCM Index USD dollar Forex trading newzealanddollar NZD Contains image

flagpattern parallelchannel trendline nzdusd usdollar usd dollar forex trading newzealanddollar nzd containsimage

snapshot

NZDUSD reached a solid horizontal support.
The price was steadily falling within a bullish flag pattern.
Once the underlined structure was reached, the market bounced
and broke the resistance of the flag.

I believe the pair will go higher now.
Goals: 0.6267 / 0.62895

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