NZDUSD buy retraces should be a good idea after the false break and the failure of bears to take control. Price retraced immediately inside the triangle formation and it now broke above. It has also surpassed the previous highs around 0.7310-20.
Stop Loss – below 0.7260.
Target 1 – 0.7390
Target 2 – 0.7450
Stop Loss – below 0.7260.
Target 1 – 0.7390
Target 2 – 0.7450
