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NZD/USD Signal - NZD ANZ Business Confidence - 27 Oct 2021

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Signal Details
Entry Price: 
0.7163
Take Profit: 
0.7260
Stop Loss: 
0.7120
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDUSD has broken the bull flag to the upside and performed a retest prior to the NZD ANZ Business Confidence data, which is released by the ANZ and shows the business outlook in New Zealand. Technically the pair has broken the bull flag to the upside and performed a break and retest pattern. We are looking for a push into the 0.7260 level.

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.