Bias Bullish Fundamental NZD is very weak. EUR reduce interest rate but not weakening as fast.
Price Action Price retrace back into Daily SR level and formed a falling wedge pattern. Price break through the Daily & H1 SR and falling wedge pattern with a close. Price is bullish again with the higher tf bias.
Confluence Daily & H1 SR level broke through upwards. Falling wedge also broken. Entry level and all 3 confluence point
Setup Long entry at confluence H1 SR level. SL 2x ATR(20) TP next Daily SR level R:R 1:5.5