NZDUSD has completed multiple waves between the D1 supply and demand zones. It will meet a strong demand zone @0.67000 in which a potential rejection will occur to the upside. Remember the higher the time frame that you find price meeting these zones the bigger potential of a reversal. That is because we see the trend fighting to counter its current path for multiple days. This should give you confidence as it means orders are being placed and this volume can reverse price action. @0.68510 is a clear indication that NZDUSD has broke out of consolidation and is making its way up to the @0.73400 (650 pips in total). Break of the @0.67000 will indicate a lower lower is being formed and the trade will be considered an invalid buy.
Please remember to do your own due diligence before entering the market.
Please remember to do your own due diligence before entering the market.