I am currently long on NZDUSD. I've been long on this pair for a very long time, and now that we have broken monthly resistance(now turned to support) I don't think the bull run is over. I am hoping for a retest of previous resistance turned to support to hold on monthly level .7300. I believe that the USD DXY is going to continue to crash and we are going to continue the bull run on NZDUSD (KIWI). :). Scenario two is possible but thats as far as I think KIWI would even go.
Good Luck and Safe Trading
Risk/Reward: 1:3
Good Luck and Safe Trading
Risk/Reward: 1:3