NZD/USD
NZD/USD has created an over extended market to the upside from a monthly perspective. In it's move to the upside it's currently approaching strong resistance. At the moment from a daily perspective everything is still bullish, but if the market should break support on a daily at around 0.72000 area we will be monitoring NZD/USD from a 4h perspective on the retest of previous structure waiting for the market to provide us with a valid entry. Our first targets will be at the 0.382 of the Fib taken on the monthly impulse.
Trade attivo
Running risk free on this trade at the moment. Will make a new analysis soon to show how we can capitalize on the next move in the market.
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