GBPNZD short term intraday retracement LONG opportunity.

ArchimedesCapital Updated   
FX:GBPNZD   British Pound / New Zealand Dollar
Choppy market conditions that we've seen the past couple of days weeks. We've seen nice impulsive move from the demand area marked at the bottom, now I belive we can retrace, till the 38% fib or 50% fib on this significant impulse; thus the potential to create higher highs and higher lows if this retracement to our entry area holds. Lines up nicely with EMA cluster and a solid local level.
Trade closed: target reached

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