This is a more long term trade with a larger R/R. The 382 fib was respected well from the 24th of June 19 and the 5th of July 19 and I normally like to trade off the second touch of it as I believe it holds some weight.
NZD was not strong enough to push past the red zone highlighted on the last occasion, however news from last night, albeit may not have been hugely significant for NZD but I believe it will be enough to test the green zone area highlighted.
Entry will be updated from 1H chart.
Hope some got on this!