Elemont

NZDUSD REVERSAL SETUP

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
= ELEMONT FX =

Analysis:
- NZDUSD is nearing major support + between 61.8% - 78.6% fibs
- Look for bullish divergence or a reversal pattern to form on the H1 and H4 within the blue zone
- No reversal signals, no trade.

Targets
1. 0.71850
2. 0.72500

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