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NZDUSD: Bullish market condition, looking for long opportunities

The NZDUSD has been trading in a short term range in the last few days, but apparently it is out of that range already triggering a bullish market condition:

NZDUSD

NZDUSD

At least the short term resistance has been broken and therefore I am going to be looking for long opportunities until the market reaches the next LT resistance level.

My Plan:

As long as the NZDUSD keeps trading above 0.7093 I will be looking for long opportunities

All short opportunities will be ignored

Trade Safe!
Raul Lopez

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This entry was posted on Tuesday, February 2nd, 2010 at 6:36 pm and is filed under Technical. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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