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AlgoVenture

NZDUSD: Bullish Bat with Rebound

Long
Dollaro neozelandese / Dollaro (FX:NZDUSD)  
AlgoVenture  
FX:NZDUSD   Dollaro neozelandese / Dollaro
Trend Analysis Harmonic Patterns Bat NZDUSD kiwi Bullish Bat dailyforecast dlifestyletrader
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trendanalysis harmonicpatterns batpattern nzdusd kiwi bullishbat dailyforecast dlifestyletrader
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.

Idee correlate

AlgoVenture
NZDUSD: Cont'd from Previous Post
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