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Forex_Positive

NZDUSD buying dip dips

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Forex_Positive  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
USD (US Dollar) Fibonacci 38.2 Forex forexpositive
2
0
usd-us-dollar fibonacci 38.2 forex forexpositive
I'm waiting for a big dip to buy NZDUSD. After falling 140pips from the peak at 0.8830-40, this represents a good opportunity to buy for a bounce.

0.8660-70 is the 38.2% FIB retracement level & weekly S3 pivot support.

Long NZDUSD 0.8660-70
SL 0.8610
TP 0.8840

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