Following on from consecutive higher highs and higher lows on this timeframe. I am now looking to go long on NZDUSD here at the bullish trendline and fib 0.786 level.
The daily 50 EMA is also at this level and should act as a higher timeframe support.
I am targeting a new higher high at the 0.65 key level which coincides with the fib -0.27 extension level.
The daily 50 EMA is also at this level and should act as a higher timeframe support.
I am targeting a new higher high at the 0.65 key level which coincides with the fib -0.27 extension level.
Trade active
Trade closed: stop reached