19/06/2013 13:05GMT

NZD/USD from few sessions is showing some bullish bias. Breaking through cloud, Tenkan crossed Kijun from below, Chinkou Span is above price, and Kumo changed color to bulls one. Those were important signals but today there is also bullish signal on D1 chart, and thats is showing clearly high probability of bigger correction on this pair.



NZD/USD end of down trend



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Comparic.com Editor-in-Chief. Trading since 2004, professionally connected with Forex market since 2006. Fan of technical approach to the markets – currently focuses on Ichimoku Kinko Hyo and Price Action strategies. He focuses on favorable risk-reward ratio in his own transactions. Speaker at many conferences on investment in capital markets, as a lecturer he cooperates with the largest brokerages in Poland and in the world. Vice President of the FxCuffs Foundation – Education and Development of Financial Markets.