NZDUSD is testing 0.6000
NZDUSD is testing the bottom of the flag channel in a falling wedge (usually bullish) and a significant RSI-positive divergence. The bounce here could produce a 300-400 pips upside rally to declare an end of a five-waves down and a beginning of a new potential upside bullish sequence.
Note: look for the long trade entries with the stop loss below 0.5930
“If you think Investing is risky, wait till you receive a bill for not Investing!” Jim Rohn
TRADE FOREX, INDICES AND COMMODITIES WITH FUNDED TRADER ACCOUNT!