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NZDUSD - Long Idea basis H4
We are looking at a long idea for NZDUSD for the following reasons:
a) Major support level above 0.72 held and did not touch below previous lows.
b) 4H Chart shows that it has broken out of its short term downwards trend line.
c) Mini pin bar formed on 16 August at the support level.
We are looking at a retest of the last high swing of 0.755 with hope that it will break 0.76
a) Major support level above 0.72 held and did not touch below previous lows.
b) 4H Chart shows that it has broken out of its short term downwards trend line.
c) Mini pin bar formed on 16 August at the support level.
We are looking at a retest of the last high swing of 0.755 with hope that it will break 0.76
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