NZDUSD short-term buy setup

٢٦ أكتوبر ٢٠١٦

• Price respecting bullish retracement channel
  
• Looking for price to go to the 161.8% fib level which also happens to be the 61.8% level of the main ABC move on the H4 timeframe
  
• Stochastics already exited the oversold area
  

NZDUSD