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NZDUSD H4 Setup (19th Feb)

Long
New Zealand Dollar / U.S. Dollar (OANDA:NZDUSD)  
JinDao_Tai  
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Technical Indicators Fundamental Analysis Forex fx NZDUSD
5
0
trendanalysis indicator fundamental forex fx nzdusd
NZDUSD broke the bearish trendline.

Looking for the price to break above the resistance level, which aligns with the 38.20% fib retracement level to signal further upside potential.

Buying a breakout, the NZDUSD could trade towards the next resistance level of 0.6250 (61.8% fib retracement level)

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