Dynamic Trader Forex Blog FXCPS.co.uk: Reflectionzd

Good Evening / Morning Dynamic Traders

"Better to have tried and failed, than not tried at all"

Cross = NZD : Day Chart (Posted Below)

No I have not gone on holiday and I am still very much here, with all the bank holiday running around and the sad news of my dear army footballing friend passing away on Monday morning, I apologise for not posting the last couple of days.

I never finished to summarise on last weeks cross "NZD", so i will continue with it as it is at an exciting time like a couple of others crosses.

I have put the day chart below for you to look over, where you will see the squeeze is all but to happen and today (Tuesday) we were presented nearly with the breakout candle, however in retraced to the safety of the triangle. We need the candle to CLOSE outside our lines, so lets see what tomorrow brings.

Note we have the 200 & 100 EMA 400pips apart providing support and resistance, along with RN .6000 above and the divergence as mentioned previous.