NZD/USD long

٢٢ أغسطس ٢٠١٧

The market is overall bullish on a daily timeframe due to higher highs and higher lows being made. The consolidation zone provides an opportunity to get long at a good price (notice the higher low, despite being in consolidation). A brake into an uptrend in the 4 hour chart shows that it is the time to buy at the first retracement, as usual.