NZD/USD is trading above the 50 & 100 SMA . I am expecting the price will move down to touch the 50SMA before heading back up.
A stop sell order will be triggered at 0.8640 with TP1 @ 0.8612 (50% of position)
- Moving SL to Break Even
- Second Profit Target @ 0.8572
- SL after entry is triggered is above the range @ 0.8710