Jee_D

NZDUSD - Buying opportunity in a consolidation phase

Long
NZDUSD after broke out 0.68570, rallied quite a while and now stopped because it hit the seller territory that is around 0.70830. But if you see it in detail, the chart showing us that seller can not make price down much. It is ranging right now between 0.70850-0.70105. So, we have a chance to buy now.

We can try to look for buy opportunity around 0.70085 and target profit will be 0.70835.

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