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TheRZA

NZDUSD H4 - Bullish continuation trade...

Long
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
TheRZA Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Support and Resistance Fibonacci Wave Analysis retestentry keylevels breakout Bullish Patterns NZDUSD Forex daytrading
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supportandresistance fibonacci waveanalysis retestentry keylevels breakout bullish nzdusd forex daytrading
At 6am we witnessed a bullish breakout candle breaking past the 0.67572 resistance zone. Before price continues in a bullish continuation trend, there will be a retest of this key level along with the 50% Fib level.

Price should retrace from this level and continue heading up. We have two targets in place:

Target 1 is placed at 0.67876

Target 2 is placed at 0.67977

Happy Trading

- Juff
Order cancelled:
Breakout Momentum didn't allow for a retest. Therefore no entry
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