NZDUSD short-term buy setup

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
39 0 2
  • Price respecting bullish retracement channel
  • Looking for price to go to the 161.8% fib level which also happens to be the 61.8% level of the main ABC move on the H4 timeframe
  • Stochastics already exited the oversold area
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