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New Zealand Dollar / U.S. Dollar

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NZDUSD trade ideas

NZDUSD - A Double PossibilityI think NZDUSD is very interesting. Here's what we saw in the webinar we had this evening. The pair has a beautiful Head&Shoulders (at least following my trading strategy),which, at the moment, gives us a double possibility : 1. The Neckline breakout ; 2. A rebound on the Neckline . If number 1 occurs, I will wait a rebound on it , where I should insert a limit sell order, to enter the market. If number 2 occurs, I will wait a rebound on the resistance above us , and there, I will insert a limit sell order, to enter the market, with a target first of all on the neckline, and if this level will be broken, I can think about going on, up to the next support level. Trick It's very interesting the fact that the Neckline is exactly where two Senkou Span B extensions are. Ichimoku + Price Action is a bomb. Let me know in the comment below what you think about this pair :-)
by MartinaAndreaProvenzano
Prediction on NZD USD Movement on the hourly ChartsThe FX_IDC:NZDUSD chart has formed 2 bullish cypher patterns on the hourly chart. The first purple bullish cypher has been completed where the D leg of the pattern was at a horizontal support line and the price action is moving towards the targets for that at 0.7258 post which the price action should reverse and come down to complete the CD leg of the Yellow cypher. The yellow Cypher will stay valid as long as the price does not go above the C leg before coming down to complete the D leg. Entry for the yellow cypher will be at 0.72074 Target will be 0.72491 Stop at 0.71711
Long
by SaleemJunedLala