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No movement yet in NzdUsd

I am holding on to Nzd longs but nothing seems to be happening

I have two Nzd long positions now, I had a NzdUsd that I carried across the weekend
and I have added a NzdChf long the day before yesterday
Still, there is no movement in Nzd, so I will have to be patient for now
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NZDChf weekly upward channel

NzdChf is in a weekly uptrend and bullish at the moment
The weekly chart shows us the uptrend in NzdChf:
The fibonacci expansion of the move up within the channel is clear,
61.8% fibonacci expansion has been broken but price has returned back from the trendline
This retracement should lead to another move up
On the daily chart we might find our target area:
A rising trendline on the daily chart (green line) seems to be supporting the price
This leads it back to the 61.8% fibonacci expansion leve…
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AdamFx42 15 Aug.

Still holding trendline support - expect a move up soon

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AdamFx42 21 Aug.

Price has broken below daily trendline now - let's see if it can correct back above again

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AdamFx42 26 Aug.

Move back up above trendline support - almost on target again

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AdamFx42 31 Aug.

Price of the pair holding nicely above 0.71 now - just 20 pips below my target, support and resistance levels were correct in my prediction and I am hoping to hit my target tomorrow

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AdamFx42 1 Sep.

Missed by only 4 pips - nice

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