NZD/USD | Potential Upward Movement 🚀
Technical Analysis:
The pair found buyers around the 61.80% Fibonacci retracement level which led to a reversal and a move higher. The bullish flag formation was broken to the upside with the help of a bullish head and shoulders. A lower correction could be posted to the highlighted before a new wave to the upside.
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Trade Idea:
Buy Limit Order @ 0.70123
Take Profit @ 0.70842
Stop Loss @ 0.69890
Trade Safely 🙂
The pair found buyers around the 61.80% Fibonacci retracement level which led to a reversal and a move higher. The bullish flag formation was broken to the upside with the help of a bullish head and shoulders. A lower correction could be posted to the highlighted before a new wave to the upside.
-------------------------------------------------------------------------------------
Trade Idea:
Buy Limit Order @ 0.70123
Take Profit @ 0.70842
Stop Loss @ 0.69890
Trade Safely 🙂
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