NZDUSD - Decent Entry
Good morning guys!,
NZUSD has just launched itself out of it consolidation zone, and just retested the support line (previous resistance)
Looks like a prime time to buy, not only did it retest support it also has the 100MA very close to it .. AND the 50% retracement!!
All of the above are risk defining levels for many traders, making it a great trade to take..
TP 1 - 200MA
TP 2 - To the moon!
Have a great day,
-L
NZUSD has just launched itself out of it consolidation zone, and just retested the support line (previous resistance)
Looks like a prime time to buy, not only did it retest support it also has the 100MA very close to it .. AND the 50% retracement!!
All of the above are risk defining levels for many traders, making it a great trade to take..
TP 1 - 200MA
TP 2 - To the moon!
Have a great day,
-L
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