It did break out above 0.6970 and I think it will rally above 0.7000 too.
It pulled back from 0.7023, I think it may depreciate back to 0.6940.
It's testing the support at 0.7015, I think next target will be at 0.6960.
The pair broke out above 0.7050 but also quickly pulled back from 0.7060, it's still very undecided.
AUD/USD looks like a sell, so perhaps the same for NZD/USD?
Elliottwave Analysis: AUDUSD, long at spot
AUDUSD traded above H4 upper bands.
Daily Ichimoku Tenkan-sen is above Kijun-sen.
Although long term trend still point down, I suspect this is an early stage of a base formation.
Further upside toward 0.7768/0.7801 could not be ruled out.
If so, this week should not close below 0.7522.
AUDUSD Trade Idea:(Spot 0.7625 in Asia market)
Buy @ market SL @ 0.7470 Take Profit @ 0.7711

AUDUSD traded above H4 upper bands.
Daily Ichimoku Tenkan-sen is above Kijun-sen.
Although long term trend still point down, I suspect this is an early stage of a base formation.
Further upside toward 0.7768/0.7801 could not be ruled out.
If so, this week should not close below 0.7522.
AUDUSD Trade Idea:(Spot 0.7625 in Asia market)
Buy @ market SL @ 0.7470 Take Profit @ 0.7711

http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
Elliottwave Analysis: NZDUSD, Long at spot
NZDUSD closed above 0.7015.
Price also hold well above upper bands on both H1 and H4 timeframe.
Further upside toward 0.7076/0.7121 could not be ruled out.
If so, this week should not close below 0.6938.
NZDUSD Trade Idea: (spot 0.7027 in Asia market)
Buy @ market SL @ 0.6930 Take Profit @ 0.7123

NZDUSD closed above 0.7015.
Price also hold well above upper bands on both H1 and H4 timeframe.
Further upside toward 0.7076/0.7121 could not be ruled out.
If so, this week should not close below 0.6938.
NZDUSD Trade Idea: (spot 0.7027 in Asia market)
Buy @ market SL @ 0.6930 Take Profit @ 0.7123

http://forexsignal.love/aggressive-trend-scalper-ea/ 5 days' trial period is available. Welcome to backtesting!
nzd usd up
aud usd ->
aud usd ->
begin fm below. no man w/ 4 aces asks for a new deal.
bdelam posted:
nzd usd up
aud usd ->
Why do you think NZD/USD will move north?
bdelam posted:
nzd usd up
aud usd ->
I'm curious to know too. Thanks.
In my opinion it is consolidating for the moment. A move north is possible, but time will tell whether it will happen.
Let's see whether there will be a breakout above 0.7040 in the new trading week.
dianajs posted:
In my opinion it is consolidating for the moment. A move north is possible, but time will tell whether it will happen.
Thanks for sharing.
The pair remains undecided. I think it may rally to 0.7050 as part of it soon.
d historic meeting in singapore strengthened USD... it passed ur expectations @dianajs ... buying time?
begin fm below. no man w/ 4 aces asks for a new deal.
bdelam posted:
d historic meeting in singapore strengthened USD... it passed ur expectations @dianajs ... buying time?
I think I'll buy once it overcomes the resistance at 0.7060.
The pair has almost reached 0.7060, let's see whether there will be a breakout this time.
@dianajs by that time u will b late 4 d party!
begin fm below. no man w/ 4 aces asks for a new deal.