THOUGHTS ABOUT NZDUSD CURRENT SITUATION?

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Currently NZDUSD is found in a very large range since september 2016, the pair is bouncing all over between 0.7430 and 0.6815.
We're waiting for some price action indication that will lead us to take a decision in this financial instrument. There is a strong key level found in 0.7320 broken already and we're seeing some kind of retest. If the trend goes short we need to see this key level broken again and a retest along with the downside.
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Our BIAS is neutral until the main range break to the upside or start retesting the range again and go to short one more time.
analysischartChart PatternsNZDUSDpatternspriceactionTrend Analysis

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