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NZD/USD – Bull Speculation: Possible Upward Correction on Pinbar

Discussion in 'Technical Analysis' started by FXStreet_Team, Jan 18, 2016.

  1. FXStreet_Team

    FXStreet_Team Well-Known Member Trader

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    Trading opportunities for currency pair: a pinbar has formed on the daily timeframe. As part of a correction, it's likely there'll be some short-term growth. This should start following a break of 0.6490 with a 0.6570 target. After this, we’ll need to see what the market comes up with. If things go as usual, after a break in the trend line, the price should return back to it. In our case, it's towards 0.6685. If the sellers fully close Friday's candle on Monday, the NZDUSD growth scenario will

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