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Intraday Elliottwave Analysis: NZDUSD, expect one touch 0.7110 this month

NZDUSD closed above daily Ichimoku Kijun-Sen.

Weekly oscillators threaten to cross-over from their range low.

According to my system, the break out is sustained.

If seen, we'll look to buy dips toward 0.6941 against recent low.

Ideally one touch 0.7110 is likely in this month.

Intraday Trade Idea: (spot 0.7014)

Sell Latentinterest Order:  0.7076

Buy Latentinterest Order:  0.6982

Click on the image to enlarge

nzdusd chart 1
nzdusd chart 2

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Author

Yue Wang

Yue Wang

LinoCapital

Master's Degree in Hepatobiliary Surgery. 

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