NZD/USD Long-Term Trend: Bullish
Key Resistance Levels: 0.7086, 0.7149, 0.7200
Key Support Levels: 0.7010, 0.6919, 0.6900
The price on the higher time frame broke the expanding flag to the upside after it managed to close above the Wyckoff accumulation phase. The pair retraced to the 0.7010 USD mark by posting a correction before it moves to the upside again toward the next key level.
NZD/USD Medium-Term Trend: Bullish
On the lower time frame, the managed to break the bullish flag formation to the upside with the help of a bullish head and shoulders. A lower correction could be seen to the highlighted zone before the new impulsive wave to the upside.
Buy Limit Order @ 0.70123
TP 1 @ 0.70842
TP 2 @ 0.71490
Stop Loss @ 0.69890
Trade Safely 🙂