Wait for the price to retrace and confirm the uptrend NZDUSD
Daily timeframe.
The price broke the medium-term downtrend structure.
The bearish structure appeared divergence and the price broke Key level 0.71000.
Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes.
The profit target is the price zone of 0.73000 when the price has signaled to confirm the uptrend.
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Wish you all have a good trading day!
The price broke the medium-term downtrend structure.
The bearish structure appeared divergence and the price broke Key level 0.71000.
Waiting for a retracement to the 61.8 Fibonacci zone of the up move could be done to look for buy setups on smaller timeframes.
The profit target is the price zone of 0.73000 when the price has signaled to confirm the uptrend.
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Wish you all have a good trading day!
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La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.