NZDUSD Long

2020年8月28日

I am completely bullish on this pair as it just completed a Bullish TK Cross in bullish territory. This coincides with a breakout on the weekly level. Price is looking to target monthly resistance at .69338. This might be a long term swing depending on how price reacts in the following weeks. Given the breakout, this might complete a bullish cross on the monthly level as well.


Entry: 66042
Stop: .65285
TP1: .69338
TP2: .71729

Reasons to go long according to Ichimoku system
1. Bullish Cross
2. Bullish Cloud
3. Chikou Span is free of price