NZD/USD BULLISH POTENTIAL
The NZD/USD has broken the kumo to the upside on the 4H chart. We're looking to enter long on the break of the current fractal, with around a 50 pip stop at the bottom of the current consolidation zone. Our minimal target will be a 2:1 risk-to-reward, but a significant impulse is liable to push the pair a lot higher.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.