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NZDUSD - The Test Is Not Over

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FX:NZDUSD   紐元 / 美元
25
Greetings Fellow Traders,

Great trades across the board yesterday, shortly after those trades came to life we find ourselves with a new day an basically the same set up.

I've gone ahead and taken a look at the lower time frames and the key technical level is already being defended for further downside, we are simply waiting on a couple key things to fall into place.

1. Lower TF close below bullish strength from .6590 low yesterday
2. 4 hour close in favor of a defended key technical level.

Likely targets and areas of major buyers are marked on the chart as we look for other bull levels to break so we can either continue this trend or re-analyze the outlook.

Here's a look at the 15 minute time frame as of this posting and the current bull strength.

Feel free to comment/follow/like.

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