Rally expected in NZDUSD

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

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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

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Vladimir Ribakov

Following 11+ years of trading experience, trading my own accounts as well as for hedge funds and brokerages, I have decided to fulfill my destiny and to personally mentor Forex and Commodities traders. When I released the “Broker Nightmare” (software that hides trades from brokers) 8 years ago, I found an overwhelming number of frustrated people who genuinely wanted to learn how to trade the Forex market, but instead found themselves scammed and misled. Over the years I have also release other trading systems based on my trading strategies, and met a lot of people on my worldwide Forex seminars. We’ve formed a close Forex community and we meet once or twice a year in various locations in Europe.