TheRZA

NZDUSD H4 - Bullish continuation trade...

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
At 6am we witnessed a bullish breakout candle breaking past the 0.67572 resistance zone . Before price continues in a bullish continuation trend, there will be a retest of this key level along with the 50% Fib level.

Price should retrace from this level and continue heading up. We have two targets in place:

Target 1 is placed at 0.67876

Target 2 is placed at 0.67977

Happy Trading

- Juff
Order cancelled: Breakout Momentum didn't allow for a retest. Therefore no entry