Recommendation:
BUY 0.6725
SL 0.6670
TP1 0.6825 TP2 0.69 TP3 0.7055
On the daily chart, bulls managed to lead NZD/USD outside of the downtrend channel. They are ready to trigger the “Shark” with 88.6% and 113% targets. To do that, they need to conquer resistance at 0.6710 and return the pair inside the previous consolidation range of 0.6710-0.6850.
On H1, NZD/USD reversed up helped by the “Three Indians” pattern. To confirm their success, bulls need to trigger and form the “Widening wedge”.
