NZDUSD

NZDUSD Sep 2

Monthly - SW since 2009 but 2019 took out a recent Low. Monthly just above 33%.

Weekly -  Approaches a 13 week support level and may approach 67%??

Daily - 5D and 18D break above congestion. AB retraces by 67%.

Daily

5D Impulse Stats - 0.03315

18D Impulse Stats - 0.05575"

5D - 0.02036 / 67% / Mean 0.5

18D - 0.02036 / 40% / Mean + 1

Road Map

Monthly SW. line down. But above 33%

Weekly approaches a 13W support level. Next critical area is 67%.

5D and 18D now breaks above congestion. 

Will consider to go long but have to take note of weekly resistant.

Await on the daily 2 or 3 bar congestion to enter.