FX:NZDUSD New Zealand Dollar/U.S. Dollar
The NZD/USD has broken the kumo to the upside on the 4H chart. We're looking to enter long on the break of the current fractal, with around a 50 pip stop at the bottom of the current consolidation zone. Our minimal target will be a 2:1 risk-to-reward, but a significant impulse is liable to push the pair a lot higher.