SDMarik
Long

Possible breakout NZDUSD

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
23 0 0
I posted earlier about the possibility for a nice short on the 4H chart, the daily chart tells a similar story, but it also indicates a potential opportunity for some 3 figure pip gains on the long side.

If it can break through the upper trend line with momentum, there is still plenty of room to the upside. I have drawn a fib retracement off to the right so you can see some of the levels coming up.

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