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NZDUSD Buy signal on a repetitive pattern.

Long
New Zealand Dollar / U.S. Dollar (FX_IDC:NZDUSD)  
TheCryptagon  
FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD Forex NZD USD newzealanddollar DJ FXCM Index
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trendanalysis chartpattern indicator nzdusd forex nzd usd newzealanddollar usdollar
NZDUSD is trading inside a Channel Down throughout the whole year.

The 1day RSI is on an uptrend, the same kind on the prior two bullish legs that both hit at least the 0.618 Fibonacci level.

With the 1day MA50 already broken, buy and target 0.61150 (Fib 0.618).

Previous chart:

NZDUSD Strong buy signal on this Bullish Cross

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