POTENTIAL BULLISH CONTINUATION SETUP ON NZDUSD
Price broke out of resistance level and made a new high.
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Price made a pullback and retested the broken level that lined up with H4 ascending trendline, 50.0 Fib ratio, moving averages.
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Considering that price has broken the corrective structure counter trend line after rejecting the confluence levels, the price has the potential to move higher towards the resistance level.
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Be careful with your risk capital; it's NFP today.
Safe Trading!
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Price made a pullback and retested the broken level that lined up with H4 ascending trendline, 50.0 Fib ratio, moving averages.
.
Considering that price has broken the corrective structure counter trend line after rejecting the confluence levels, the price has the potential to move higher towards the resistance level.
.
Be careful with your risk capital; it's NFP today.
Safe Trading!