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Welcome to my !NZDUSD analysis. NZD is giving us some good trades this month and i believe it will continue for the coming week.
i believe we are completing the 4th wave /B wave of 1-2-3-4-5 / ABC correction.
We have formed a contracting triangle with abcde waves and the price should breakout of the triangle upwards
Wave E seems to be done however POINT 1 (...
Welcome to my first analysis, !NZDCAD is a pretty simple setup
---> RSI making lower low
----> price making lower high.
im expecting a retrace to about 0.901xx for initial target and 0.899x for the next. if it achieves that we shall take it from there.
(( seems to be making some sort of a diagonal ))