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May 17, 2021 7:06 AM

NZDUSD 1 Hour LONG Opportunity Long

New Zealand Dollar/U.S. DollarFXCM

Description

Morning All,

We are looking to take NU higher from this level after we have broken and retested the descending counter trendline, we also have a 1 hour ema in play with price around the 382 fib level. topped off with a engulfing 1 hour candle stick showing us that the bulls are back in control.

1:4.23 RR with a 30 pip stop
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