Open trading account
Just set up a trade for this pair. As there is still a bullish outlook for USD crosses including New Zealand dollar, I believe that in coming days NZD will experience some buying . It is also possible that pair will not gain enough of momentum, but that is another question. I paid some more attention to this pair as it has completed one of my favorite setups. We can see the expanding triangle at all its beauty. It can serve as reversal pattern as well as continuation. Every time You have a break out it's fake. It has happened 5 times already in this pattern and it looks like it is happening again. Depending on the momentum there is a possibility to go up to 0.77. Have to be careful here though as sometimes money changes hands very quickly. Green pips to You all.
