AlgoVenture

NZDUSD: Bullish Bat with Rebound

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Since last week, NZDUSD has broken above a 2-week falling trendline thus ending a bearish structure.
A bullish bat was formed after the breakout and as the price pulled back.
The price has currently found support at 0.6593 and a rebound has begun.
And once again, the price break above another minor falling trendline.
Price did a little pullback and may start to climb again soon.
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