NZDUSD – Still bullish

Please take a look at the NZDUSD 4H chart:

NZDUSD
NZDUSD

The NZDUSD still is in a bullish market condition, there might not be a lot of pips from where the market is trading right now to the next LT resistance level, but we could expect the NZDUSD to continue moving up, until it hits the LT resistance line.

I will be looking for long opportunities in the NZDUSD. (We need to be careful though with the AUD interest rate announcement, these two currency pairs are highly correlated).

Trade Safe!

Raul Lopez
http://www.protradingnow.com/

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Raul Lopez

I've been trading the markets for more than 15 years. I believe the best way to trade is by adapting to the market conditions. You can learn it too, join our community .