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Nenad Kerkez

Dear Traders,

The NZD/USD shows signs of a very strong uptrend. We should see a continuation to the upside.

0.6670-85 is the zone where we should expect a bounce if the market makes a retracement lower. The first target is the ATR projection high – 0.6727 followed by 0.6734. A close above W h3 – 0.6734 suggests a further continuation up towards 0.6765. as long as 0.6587 holds the pair will be in a strong uptrend.

The analysis has been done with the CAMMACD.MTF template.

For more daily technical and wave analysis and updates, sign-up up to our ecs.LIVE channel.

Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

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