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NZD/USD Continues With Uptrend Above W L3

By:
Nenad Kerkez
Published: Dec 30, 2019, 09:01 UTC

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

NZD/USD Continues With Uptrend Above W L3

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.

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Many green pips,
Nenad Kerkez aka Tarantula FX
Elite CurrenSea

About the Author

Nenad Kerkezcontributor

M.Ec. Nenad Kerkez aka Tarantula is Elite CurrenSeas Head trader and a valued contributor to many premium Forex and trading websites.

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