Weekly Forex Forecast

Weekly Forex Forecast

Our analysis shows a likelihood of NZDUSD to move up on the short term. This creates an opportunity for positioning long. Be warned, the medium term trend is still down.

-There is bottom formation on the 15 min chart (indicating trend reversal)
-This reversal is confirmed by previous structures of support.

Long the bullish engulfing off daily support hopefully AUDUSD goes more up from this level.

GBPNZD Break Then Trend line and now goes to touch the next support zone.

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