FX:NZDUSD New Zealand Dollar/U.S. Dollar
at .618 fib of most recent impulse leg down. Also a . of the larger leg down. in overbought territory. Seems like a good structure trade. I plan on waiting until price reaches and a strong overbought on . ATR is 15, I will place stop 15 pips above resistance line. First target .382 fib second target at .618/most recent resistance gone support.