In the mid-term we can expect the kiwi to push higher before potential continuation lower.
Technical Overview:
D1: Price is moving inside a range
Entry:
H4: Wait for break of the range on daily chart, then look for entry on the H4 or H1 chart, once
the price re-tests the broken resistance
Target 1: 0.8050
Target 2: 0.8200
Stop Loss: Below the low created
Video Explanation –
Have a wonderful week ahead!
Vladimir