NZDUSD: Horizontal Consolidation

Wait 5 sec.

NZDUSD: Horizontal ConsolidationNZD/USDOANDA:NZDUSDBlaisefxacademyNZDUSD is trapped in a sideways momentum movement, the pair continues to range on a horizontal formation in respect of the structure. it have been a fair chance of buying at the support and selling at resistance. price is currently at the consolidation support, as we expect a bullish retracement. A confirmed reverse at this point, triggers a buy position to 0.5910-0.5920, as potential target. Thanks for reading.