NZD/USD seen on a daily chart help us spot some similarities between last year trends and now. I have outlined with blue a very important movement from 2012 last year ,which is very similar with the latest sell trend started from 0.8670 this year in April and made a higher support zone at 0.7683, higher than previous 0.7460 support. These facts tell me that there is a stong bullish trend in formation and that the price action will continue this way.My prediction is a strong bullish move with som…
Read full story
Translate to English Show original