Going long on NZDUSD @ 0.8450. SL @ 0.8370 & TP @ 0.8610
Here we can see a long term rising trend line and a strong resistance
Here in weekly chart, we can see that the price is obeying a new rising trend line.
Here the price is again testing the rising trend line. Again the strong resistance from the monthly chart is also seen as broken. Hence Bullish Bias.
4 Hour Chart
See… Price broke through the long term resistance, completed it’s pull back to the rising trend line and again bounced from the rising trend line after breaking through the short term falling term trend line in the 4 hour chart.
Make sure that your stops are filled and risk is set accordingly.
Good Luck and Good Trading