A couple of days ago i posted an idea about NZDUSD describing a potential buy setup which has worked great till now link on the chart). Price reversed and entered a buy zone and rallied once again. It now heading to test the upper trendline of the wedge where it's moving in where there are two scenarios. First and most likely to happen price will reverse from that level (MACD divergence shows that) and drop once again. We should wait for a consolidation after the breakout and sell the market. Second scenario would be, price to break above. The concept remains the same. Wait for a correction and buy NZDUSD.
