Price broke out of its triangle, waiting on a retest & potential gap close to go long. NZD at a 5 month low now & declined more over the weekend. Further weakness should take place for NZD I believe, Will be watching price action for a break to the upside to form a potential higher high..
Note
Weekly: I Will consider this trade only if GBP regains strength, it is weak at the moment. Note
GBP numbers on Tuesday morning will Bring more direction to this pair..
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.