A Brief Analysis of NZDUSD on the 1-Hour Chart

In this concise analysis, we explore NZDUSD on the 1-hour timeframe.

Interesting Setup:
"NZDUSD is looking very interesting on the 1-hour timeframe" suggests compelling developments on the chart that deserve attention.

Pullback and Fibonacci:
"Pullback is complete and respected the golden area (Fibs levels)" signals the end of a temporary price reversal, with the pullback respecting a significant Fibonacci retracement level.

Target Levels:
Two target levels are presented:

Target 1: 0.60380
Target 2: 0.60780
These levels serve as potential price points based on technical analysis

Trade fermée: ordre d’arrêt atteint:

Got a little busy and not able to put a update on this trade.
USD went heavily to the downside.
So my position got taken out break even..