NZDUSD is breaking higher
NZDUSD has broken higher above the previous high of 0.7310 and is extending to the next confluence of the long-term and rising wedge resistance 0.7500. This upside breakout is giving us an opportunity to use it for this last swing higher. Now only a break below 0.7240 will lead to a deeper pullback to 0.7000. As long as the NZDUSD is above 0.7200 the uptrend is intact and you should target 0.7600.
Note – We are inclined to long trade entries with the stop loss below 0.7280
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