Rayyan_2805
Long

Possible Long Position for NZDUSD

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Possible buy incoming for NZDSUD. Price has acted bullish in the last few weeks and has remained above both the 200 and 50 EMA therefore still indicating a long bias. Resistance above the trend line channel has been tested more than twice and has been rejected, I am predicting the price will go up, through the trend line resistance and test the weekly resistance once agin. USD has been weaker and will continue to grow weaker as we can tell via fundamental analysis which means this pair has space to keep moving up! FX:NZDUSD
Comment: **Correct Prediction**

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