Fxprotrader

NZDUSD: Great Risk/Reward Buy Setup

Long
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Price has retraced and been rejected at the lower parallel of an upsloping median line, and it's now testing it once again. Most likely we will have the beginning of a correction after the sharp impulsive down move and going long at current level is a nice idea. Sl and tp as shown at the chart
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.