Hello traders:
As I am bearish on the USD overall, and expecting further weakness in the USD pairs overall.
Here on NZDUSD, we can see price had a strong bullish impulse move up, and price falls into a larger, higher time frame correctional structure.
With a few swings highs and lows, it validates a structure here that can be a continuation correction for further upside.
Latest development on the LTF shows price has impulse out of the the HTF structure, good sign s of further bullish momentum.
Wait for lower time frame bullish continuation to form and complete, then look for entry to the previous highs.
thank you
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Higher time frame outlook:
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