NZDUSD: Trading Plan Ahead of CPI 🇳🇿🇺🇸

NZDUSD is currently approaching a strong intraday/daily horizontal demand cluster.

After a CPI release, pay attention to an expanding wedge pattern on a 4H time frame.
Its resistance breakout - 4h candle close above - will give you a strong bullish confirmation.

A bullish movement will be anticipated at least to 0.5899

Alternatively, a bearish violation of a blue support will invalidate the setup.

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Trade geschlossen: Ziel wurde erreicht:

Nice one!