NZD USD Continuation

١ أغسطس ٢٠١٦

My prior post to long NZD has successfully hit its TP, netting +180 pips. N/U has made a small pull back to re-test weekly Res of .7175/7200, the 4 HR candle is a bullish engulfing, indicating further moment of prior resistance turned support.

R/R 2:1

TP: .7350, +174 pips
SL: .7100, -74 pips