NZD/USD | Potential Upward Movement 🚀

١١ أغسطس ٢٠٢١

Technical Analysis:

The pair found buyers around the 61.80% Fibonacci retracement level which led to a reversal and a move higher. The bullish flag formation was broken to the upside with the help of a bullish head and shoulders. A lower correction could be posted to the highlighted before a new wave to the upside.
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Trade Idea:

Buy Limit Order @ 0.70123
Take Profit @ 0.70842
Stop Loss @ 0.69890

Trade Safely 🙂