SamKent

NZD/USD BULLISH POTENTIAL

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
3
The NZD/USD has broken the kumo to the upside on the 4H chart. We're looking to enter long on the break of the current fractal, with around a 50 pip stop at the bottom of the current consolidation zone. Our minimal target will be a 2:1 risk-to-reward, but a significant impulse is liable to push the pair a lot higher.

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