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VladimirRibakov

NZDUSD Buy Idea After Bullish Convergence

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Dollar New Zealand / Dollar AS (OANDA:NZDUSD)  
VladimirRibakov  
OANDA:NZDUSD   Dollar New Zealand / Dollar AS
Trend Analysis Support and Resistance Multiple Time Frame Analysis NZDUSD buy Bullish Patterns bullishconvergence correction range Bullish Divergence
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trendanalysis supportandresistance mtfa nzdusd buy bullish bullishconvergence correction range bullishdivergence
D1 - Bullish convergence.

Currently it looks like a correction is happening.

No Opposite evidences.

H4 - Currently it looks like a flat correction is happening in the form of a range.

Bullish divergence.

Until both the key support zones hold my view remains bullish here.

If the price breaks and holds above the top of this range we may then consider it as validation for the bullish view and may expect the price to move higher further.
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