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

DXY is breaking structure to the downside and nzd has reached an important level, also printing an engulfing bullish candle and a slow correction above TL.

next impulsive candle signals the buy
a break of the CTL confirms the buy. a break of the pivot gives stronger confirmation of buy.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.