NZD/USD has retested 0.6500 today closing as a low test bar and just shy of trend line support. Price has also reached the 0.786 Fibonacci level closing above it. Stochastic and RSI show hidden bullish divergence.
entry - above high of low test bar
stop loss - below low of low test bar
target - at previous resistance at ~0.6880
A retest of ~0.7070 and a third retest of the ascending trend line shows price maintaining structure of new higher highs and higher lows. As indicated too to by oscillator hidden divergence a bullish rally may resume.
entry - above high of Friday's reversal bar
stop loss - below low of Friday's reversal bar
target - at or above previous high