NZDUSD has given a good break out from the Ascending Triangle Pattern which has formed at the bottom, as you can see in chart. Also it continues to take support of the trendline from bottom. Now if the pair takes support at trendline we might see more upside in NZDUSD , but if it breaks the trendline our first target will be support line of ascending triangle and we may see consolidation at support line of ascending triangle .
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Vivek Samale
Vivek
have half a decade of experience as a trader and enthusiastically learning & developing new strategies and convert it into algorithm trading & also analyzing the companies with ESG method.
