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NZDUSD - Pennant formation - BUY

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
ForexStoreau  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD pennantbreakout rbnzratecut buy
12
0
trendanalysis chartpattern indicator nzdusd pennantbreakout rbnzratecut buy
The NZDUSD has been trading between a pennant formation since December 2018.
The pair have now touched the bottom area of the pennant due to a negative Interest rate statement from the RBNZ.
This provides opportunity to BUY back up towards 0.6920.
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