NZDUSD Long
NZD gave a sharp snapback in price after hitting a recent low, NZD is due to come up in strength on the momentum meter as well as USD due a drop. We'll be waiting for a pullback to our buy zone and a confirmed rejection in or above our marked out zone before taking the trade. Several TP's as we expect price to have a reaction to trendline drawn up, we could see it pass this and come up to test daily market structure. Weekly closed strong with bearish bias so we will only be wanting to take this trade under conditions we have laid out.
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