MujkanovicFX

NZDUSD Potential Buy Setup on H4

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hi traders! Here we have a beautiful setup on NZDUSD. After the initial strong up-move following the Fed meeting, the pair gave back its gains to trade near a confluence of a horizontal support and trendline support.

The current H4 candle shows that buying momentum is building up, which could send the pair further up.

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