Hello Traders,

Here we have a NZDUSD long trade idea. If you like this idea please show your support!

This trade idea is based off the fact of the USD reaching a weekly low and we can see some strength beginning to occur making NZDUSD pair weaker. Also the NZD is at a monthly high since the beginning of May so we are expecting some weakness which already seems to be happening now which we can see across other NZD pairs.

NZD Weakness in NZDCHF below
snapshot

This trade has 2 TP zones
Entry 0.72130
Take Profit 1 (0.695) : 260 pips
Take Profit 2 (0.68130) : 400 pips
Stop Loss : 30 pips
Overall RISK:REWARD : 13.33

Check out my educational posts down below!

Please trade with caution and make sure you set your stop losses! Happy Trading 😁
400Chart PatternsFundamental AnalysisNZDNZDUSDshortTrend AnalysisUSD

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