informedtrades
Long

Going Long NZDUSD in Anticipation of New All-Time Highs

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Price has pulled back to support just above the 50 SMA , with a 61.8% Fibonacci retracement from the recent swing low to swing high in place as well. So, I'm going long here at 8625, with my stop at 8565 and my target profit at 8875 --- a target based on an AB=CD projection.

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