tradafx

Wait for the price to retrace and confirm the uptrend NZDUSD

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
Daily timeframe.
The price broke the medium-term downtrend structure.
The bearish structure appeared divergence and the price broke Key level 0.71000.
Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes.
The profit target is the price zone of ​​0.73000 when the price has signaled to confirm the uptrend.
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