NZDUSD Correction
As we saw before on the Aussie currency we might see the same scenario on the Newzealands dollar as it touched strong levels on the fibonacci and also made a nice and clear price action from it
So we can take also a buy order from this prices at 0.68600 with our stoploss with daily candle closure below the lowest low of the bullish wave at 0.68000
Also we can position our target at the levels of 61.8% and 85% fibonacci in sequance and that will give us the numbers of 0.70000 and 0.70500
Dont forget to use moneymanagement
Dont move or reposition yourstoploss
Trade safe
So we can take also a buy order from this prices at 0.68600 with our stoploss with daily candle closure below the lowest low of the bullish wave at 0.68000
Also we can position our target at the levels of 61.8% and 85% fibonacci in sequance and that will give us the numbers of 0.70000 and 0.70500
Dont forget to use moneymanagement
Dont move or reposition yourstoploss
Trade safe
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