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

hey traders,

nzdusd  is standing on a 6 years low on a weekly.
recent false breakout of a previous structure low on a daily leaves us clues
that  bearish  pressure is exhausted.

currently, the market is started to contract within a symmetrical triangle formation
- a clear indication of high indecision.

though according to a common rule, we trade such triangle, waiting for a breakout and the side of breakout does not matter,
I will trade only in case of a  bullish  breakout following my observations of weekly and  daily charts  .

target levels will be 0.6345 and 0.6395

stop goes below the last higher low of a triangle.

*if you like this idea, please, like it and leave a comment! thanks :)
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Bengal_fx VasilyPonomarev
@VasilyPonomarev, This is my thought...!!!
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