mngFX

NZDUSD (BUY) Inverted H&S OUTLOOK D1

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is trading at an area of interest which we are currently in a bullish trend. A short term consolidation is needed to complete a potential bullish continuation structure or we may just breakout upwards of the neckline as we have Inverted H&S pattern in completion.

I personally expect short term growth of USD before continuing the bullish trend. Looking for a buy opportunity around 0.62200.

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