NZDUSD on a BULLISH MOVE

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NZDUSD made bullish impulse from 0.67500 to 0.69000 during last week and as we know after an impulse there should be a correction at least to the 38.6% of the fib pulled on the impulse but in this case price made a correction all the way to the Golden ratio ie 61.8% of the fib and from there we can see price rejecting to the upside. Further confirmation was made today after price broke structure on the 4hr TF. we can look for entry with TP at 0.7000.

Penafian

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