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UnknownUnicorn772665
Nov 6, 2019 12:25 PM

NZDUSD Long Trade *TREND CONTINUATION* Long

New Zealand Dollar/U.S. DollarFXCM

Description

Following on from consecutive higher highs and higher lows on this timeframe. I am now looking to go long on NZDUSD here at the bullish trendline and fib 0.786 level.

The daily 50 EMA is also at this level and should act as a higher timeframe support.

I am targeting a new higher high at the 0.65 key level which coincides with the fib -0.27 extension level.

Trade active

Trade closed: stop reached

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