Morning/evening all,
NZDUSD is setting up nicely, on the daily time frame we can see that price has cleanly taken out it previous highs and confirmed the break out, therefore i am bullish.
I would like to see price retrace back to the highs it previously broke for a retest long.
I will BID just before the highs which is in line with daily ATR and 38.2% retracement.
I'm targeting for just more than 1:1.
Price may never get here, but lets see how the day unfolds.