Hello Sophisticated Traders,
The pairs have been doing a bit of sideways action over the summer. This action can be expected as we head into US elections. However, the charts are showing a buy signal for $NZDUSD on the 4hr and Daily chart for a potential test to the top of the range, If we have a sustained break and hold above .6550. However, if resistance hold then a sell for the bottom should be expected.
If you like this trading idea like, share, and follow.
Dr . Lydia Smith
English