NZDUSD possible buy opportunity, waiting for conformation

Daily

Price falling back to the 38.0% ratio
awaiting a retest on psychological zone
at 0.6743 their buyers take over the markets
Price action shows a nice bullish engulfing pattern

Possible gives us a good momentum to moves
the price upwards, target is 0.6840

Trade chiuso: obiettivo raggiunto:

Forecast was correct and we hit the Take Profit, with 90 pips !