JFD_Research

NZDUSD - Daily - 50% on the Fib?

FX_IDC:NZDUSD   New Zealand Dollar / U.S. Dollar
Trade Alert

Looking for a potential breakout through the 0.7055 level. If this scenario happens, then we will be targeting the 200 EMA, which is around the 50% of Fibonacci retracement.
Alternatively, a break below the psychological 0.7000 mark could interest the bears in driving this pair lower. See chart for potential targets.

Don't forget your SL.
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