AdamFx42
Long

Nzd/Chf Bullish above Fibonacci Expansion Target

FX:NZDCHF   New Zealand Dollar/Swiss Franc
Nzd/Chf is showing a nice Bullish engulfing candle on the 4hr chart
Just above 61.8% Fibonacci Expansion target - which now could act as a support

The Stochastic indicator shows a slight bullish divergence too,
and price seems to be rejecting the lows around 0.6260

I am long Nzd/Chf with a first target of taking out previous highs around 0.64,
second target is 23.6% daily Fibonacci retracement level around 0.6550

This is very nice RR ratio if low is indeed in place here,

Open long: Nzd/Chf: 0.63 -- SL: 0.6250 -- TP1: 0.64 TP2: 0.6540

p.s. Excuse me for posting this idea twice - I thought I did something wrong the first time
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