brettschoenfelder

NZDUSD Buy from Daily DZ

Long
brettschoenfelder Updated   
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Taking another stab at the kiwidollar from this daily level.

W
New SZ formed @ 0.7200 and the DZ @ 0.69 is being respected. Will wait for price to break below.

D
This Daily level is just above a strong weekly move

TP
Shooting for 3:1 but will be open to taking a trail stop approach if I get the opportunity.

Next Buy Opportunity
@ 0.6700
Comment:
Tightened entry for better R:R

Target is 5:1
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