Evident signs of bullish recovery was expressed around recent low 0.6800.Thats why a buliish pullback is expected towards0.7050. Recent bearish trendline had broken near 0.6900 . I think it will now go up from 0.6900 to 0.7050 and also An inverted head and shoulder pattern is being established on the chart indicating high probability of bullish reversal.
open NZDUSD at 0.6950 take profit around 0.7050 and stop lost near 0.6880.
Translate to English Show original