MEX_Exchange
Long

NZDUSD looking really bullish, time to buy

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD has completed a double bottom reversal and is looking really nicely setup to rise further.

Buy above 0.7276. Stop loss at 0.7251. Take profit at 0.7341.
Reason for the trading strategy (technically):
Price has formed a sort of double bottom reversal and our major support remains at 0.7276 ( Fibonacci retracement , horizontal overlap support, double bottom exit) and we look to buy above this level for a push up towards 0.7341 resistance ( Fibonacci retracement , horizontal swing high resistance). We do have to keep a watch out for immediate resistance at 0.7307 ( Fibonacci retracement , horizontal overlap resistance) which needs to be broken to open a further rise.
RSI (34) sees ascending support hold up our bullish momentum really well.
Hello . I'm in because the same reason. Shall we use stop or wait until NFP.? Thanks bro!
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