{"id":132696,"date":"2018-08-28T07:35:51","date_gmt":"2018-08-28T11:35:51","guid":{"rendered":"https:\/\/www.countingpips.com\/?p=132696"},"modified":"2018-08-28T06:56:08","modified_gmt":"2018-08-28T10:56:08","slug":"nzd-usd-multiple-ascending-trendlines-suggest-bullish-breakout","status":"publish","type":"post","link":"https:\/\/www.investmacro.com\/forex\/2018\/08\/nzd-usd-multiple-ascending-trendlines-suggest-bullish-breakout\/","title":{"rendered":"NZD\/USD Multiple Ascending Trendlines Suggest Bullish Breakout"},"content":{"rendered":"<div id=\"inves-149404570\" class=\"inves-below-title-posts inves-entity-placement\"><div id =\"posts_date_custom\"><div align=\"left\">August 28, 2018<\/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\/nzd-usd-multiple-ascending-trendlines-suggest-bullish-breakout\"><img decoding=\"async\" class=\"img-responsive\" src=\"https:\/\/fxmedia.s3.amazonaws.com\/articles\/2018-08-28NU-1.jpg\" alt=\"NZD\/USD Technical Analysis\" \/><\/a>Source: Admiral Markets <a href=\"https:\/\/admiralmarkets.com\/trading-platforms\/metatrader-5\">MT5<\/a> with <a href=\"https:\/\/admiralmarkets.com\/trading-platforms\/metatrader-5\">MT5SE Add-on<\/a><\/p>\n<p>The <a href=\"https:\/\/admiralmarkets.com\/start-trading\/contract-specifications\/instrument\/nzdusd\" target=\"_blank\" rel=\"noopener\">NZD\/USD<\/a> has formed a bullish structure that is supported by the ascending trend lines. A possible rejection from the POC zone 0.6665-0.6676 could invalidate any bearish outlook as long as 0.6627 stands firm. The targets are 0.6718 and 0.6748. Breakout above 0.6748 and the doors to 0.6800 will be open.<\/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><div id=\"inves-957440741\" 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 H4 &#8211; Monthly Camarilla Pivot (Very Strong Daily Resistance)<\/p>\n<p>D L3 \u2013 Monthly Camarilla Pivot (Daily Support)<\/p>\n<p>D L4 \u2013 Monthly H4 Camarilla (Very Strong Daily Support)<\/p>\n<p>POC &#8211; Point Of Confluence (The zone where we expect the price to react &#8211; aka the entry zone)<\/p>\n<p>This material does not contain and should not be construed as containing investment advice, investment recommendations, an offer of or solicitation for any transactions in financial instruments. Please note that such trading analysis is not a reliable indicator for any current or future performance, as circumstances may change over time. Before making any investment decisions, you should seek advice from independent financial advisors to ensure you understand the <a href=\"https:\/\/admiralmarkets.com\/risk-disclosure\">risks<\/a>.<\/p>\n<p><b>Article by Admiral Markets<\/b><\/p>\n<p>Source: <a href=\"https:\/\/admiralmarkets.com\/analytics\/technical-analysis\/nzd-usd-multiple-ascending-trendlines-suggest-bullish-breakout\" target=\"_blank\" rel=\"noopener\">NZD\/USD Multiple Ascending Trendlines Suggest Bullish Breakout<\/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 Source: Admiral Markets MT5 with MT5SE Add-on The NZD\/USD has formed a bullish structure that is supported by the ascending trend lines. A possible rejection from the POC zone 0.6665-0.6676 could invalidate any bearish outlook as long as 0.6627 stands firm. The targets are 0.6718 and 0.6748. Breakout above 0.6748 and the [&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-132696","post","type-post","status-publish","format-standard","hentry","no-post-thumbnail"],"_links":{"self":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132696","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=132696"}],"version-history":[{"count":2,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132696\/revisions"}],"predecessor-version":[{"id":132707,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/posts\/132696\/revisions\/132707"}],"wp:attachment":[{"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/media?parent=132696"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/categories?post=132696"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.investmacro.com\/forex\/wp-json\/wp\/v2\/tags?post=132696"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}