• Vasily Trader

NZDUSD: Breakout & Bullish Continuation

During today's morning live stream with my students

we discussed NZDUSD .

The pair is trading in a bullish trend since the middle of July.

After a recent retracement from 0.709 level,

the price formed a horizontal decision range.

This morning its resistance was broken.

Now I expect a retest of a current local high - 0.7083

and then a continuation to 0.70975

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