Bought the dip in NZD/USD, are you with me?

Aktualisiert
Hello traders, on account of US Dollar demand across the board due to news about the escalating Iran-Israel conflict, NZD/USD fell quite rapidly during the Asian Trading session on Friday.

However, the dip seemed like a buying opportunity to me as technically, NZD/USD touched the lower trend line of the price channel. So, I added a buy in NZD/USD@0.5865. If the channel support holds, NZDUSD can go up to 0.5980 over the next few days.

Anmerkung
Price continues to move up as predicted
Anmerkung
62 Pips running profit so far
Beyond Technical AnalysisChart PatternsNZDUSDnzdusdanalysisnzdusdlongnzdusdtradeTrend Analysis

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