{"id":113151,"date":"2017-09-19T10:03:21","date_gmt":"2017-09-19T14:03:21","guid":{"rendered":"http:\/\/countingpips.com\/?p=113151"},"modified":"2017-09-19T10:03:21","modified_gmt":"2017-09-19T14:03:21","slug":"nzdusd-correction-seems-over","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2017\/09\/nzdusd-correction-seems-over\/","title":{"rendered":"NZD\/USD Correction Seems Over"},"content":{"rendered":"<div id=\"inves-1284016662\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">September 19, 2017<\/div><hr style=\"border: none; border-bottom: 3px solid black;\">\r\n<\/div><\/div><p><b>By Admiral Markets<\/b><\/p>\n<p><a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/nzd-usd-correction-seems-over\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2017-09-19_12-45-22.jpg\" \/><\/a><\/p>\n<p>The NZD\/USD correction seems to be over. The trend is bullish and the pair has spiked above the correction channel (violet) getting back into the main uptrend. The currency pair has made a bullish SHS pattern too and the price is going upwards. A retracement into the POC zone 0.7265-75 (EMA89, 50.0, trend line, order block)could spur another bullish rally and the 4h or 1h momentum close above 0.7315 is considered bullish. 0.7335 is the first target on further bullish momentum and 0.7355 is the target that corresponds to the channel top and D H5 confluence.<\/p>\n<p>W L3 &#8211; Weekly Camarilla Pivot (Weekly Interim Support)<\/p>\n<p>W H3 &#8211; Weekly Camarilla Pivot (Weekly Interim Resistance)<\/p>\n<p>W H4 &#8211; Weekly Camarilla Pivot (Strong Weekly Resistance)<\/p>\n<p>D H4 &#8211; Daily Camarilla Pivot (Very Strong Daily Resistance)<\/p><div id=\"inves-1388974541\" class=\"inves-in-content inves-entity-placement\"><hr style=\"border: 1px solid #ddd;\">\r\n<div id=\"inpost_ads_header\">\r\n<p style=\"font-size:10px; float:left; color:#666;\">Free Reports:<\/p><\/div>\r\n<div id=\"inpost_ads\"> \r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/1ApBOV\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2018\/06\/graph_techs_PD.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t     <a href=\"https:\/\/goo.gl\/1ApBOV\"><b><u>Get Our Free Metatrader 4 Indicators<\/u><\/b><\/a> - Put Our Free MetaTrader 4 Custom Indicators on your charts when you join our Weekly Newsletter<\/p><br><br>\r\n<br>\r\n<br>\r\n<p style=\"font-size:15px; float:left;\"><a href=\"https:\/\/goo.gl\/f3RrHX\"><img loading=\"lazy\" decoding=\"async\" src=\"https:\/\/investmacro.com\/wp-content\/uploads\/2019\/01\/cot_pie_80.png\" align=\"left\" width=\"80\"  height=\"55\"\/><\/a>\r\n\t    <a href=\"https:\/\/goo.gl\/f3RrHX\"><b><u>Get our Weekly Commitment of Traders Reports<\/u><\/b><\/a> - See where the biggest traders (Hedge Funds and Commercial Hedgers) are positioned in the futures markets on a weekly basis.<\/p><br><br>\r\n<\/div>\r\n<hr style=\"border: 1px solid #ddd;\">\r\n<br><\/div>\n<p>D L3 \u2013 Daily Camarilla Pivot (Daily Support)<\/p>\n<p>D L4 \u2013 Daily H4 Camarilla (Very Strong Daily Support)<\/p>\n<p>POC &#8211; Point Of Confluence (The zone where we expect price to react aka entry zone)<\/p>\n<p>Follow <a href=\"https:\/\/twitter.com\/TarantulaFX\" target=\"_blank\" rel=\"nofollow noopener\">@TarantulaFX<\/a> on twitter for latest market updates<\/p>\n<p>Sign up for <a href=\"https:\/\/admiralmarkets.com\/education\/webinars\" target=\"_blank\" rel=\"noopener\">Live Trading Webinars<\/a> with Nenad Kerkez T<\/p>\n<p>Connect with <a href=\"http:\/\/www.facebook.com\/tarantulafx\" rel=\"nofollow\">Nenad Kerkez T<\/a> on Facebook for latest market updates<\/p>\n<p><a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/feed.xml\/nzd-usd-correction-seems-over\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/remote\/5fa4a69eae1fca28f3573b537f625a55.png\" alt=\"Metatrader 4 (MT4) Forex and CFD trading platform\" \/><\/a><br \/>\n<b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/nzd-usd-correction-seems-over\" target=\"_blank\" rel=\"noopener\">NZD\/USD Correction Seems Over<\/a><\/p>\n<hr style=\"border: 1px dotted #eee;\" \/>\n<p><a href=\"http:\/\/www.admiralmarkets.com\/\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" src=\"http:\/\/countingpips.com\/articles-analysis\/wp-content\/uploads\/2016\/03\/AdmiralMarkets-sig-1.png\" width=\"141\" height=\"87\" align=\"left\" \/><\/a><\/p>\n<p style=\"text-align: justify;\">Admiral Markets is a leading online provider, offering trading with Forex and CFDs on stocks, indices, precious metals and energy.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By Admiral Markets The NZD\/USD correction seems to be over. The trend is bullish and the pair has spiked above the correction channel (violet) getting back into the main uptrend. The currency pair has made a bullish SHS pattern too and the price is going upwards. A retracement into the POC zone 0.7265-75 (EMA89, 50.0, [&hellip;]<\/p>\n","protected":false},"author":3,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-113151","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113151","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/users\/3"}],"replies":[{"embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/comments?post=113151"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113151\/revisions"}],"predecessor-version":[{"id":113157,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/113151\/revisions\/113157"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=113151"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=113151"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=113151"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}