NZD/USD: Our expectations. The pair reacted again to serious levels of resistance. A bullish formation that allows a lunge from current levels or a breakthrough over 0.69 and a stop of about 0.6775
An alternative scenario: Passing and closing a bar below 68.14 will give us a signal for new short positions.
Comments: Serious levels of support - key levels of support.
Bar with a long lower shaun - bullish signal at a higher bar
If there is a break above 0.69 the signal will be stronger
Convert Demo price - bullish signal
DeM registers a higher peak
Stefan D. Angelov - Head of Stocks Trading
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