NZDUSD Long Setup H1 after USA news!

10 thg 5, 2023

NZDUSD is presenting a bullish setup, today the price has risen after the release of US inflation data. Currently, the price is located within a supply zone around 0.6370. My plan is to wait for a retracement to the 0.6340 area where I have marked a point of interest (POI), and there I will look for an entry point for a long trade. The trade target is set at 0.6390.

Let me know what you think.

Happy trading, everyone.