NZDUSD is consolidating in multi-year support region over the past few days. Besides, easing trade tensions and other geopolitical situations combined with NZD seasonality gives traders a pretty good reason to look for long entries.
Traders can look for BUYs between 0.6180-0.6270 with SL below 0.6100.
TPs can be set at 0.6450, 0.6590 and 0.6800 respectively.
Time-frame to achieve the targets: 8-12 weeks
Traders can look for BUYs between 0.6180-0.6270 with SL below 0.6100.
TPs can be set at 0.6450, 0.6590 and 0.6800 respectively.
Time-frame to achieve the targets: 8-12 weeks
Trade closed: target reached:
Target 2 reached. However, seems like target 3 won't be coming. I am taking a SELL position here
