TSRI Strategy: NZDUSD heading lower?
Timeframe: H4
Trend: Possible breakout of consolidation to trade lower
Support/Resistance: Look for break of the bullish trend line and support level of 0.6090 (confluence with the 38.2% Fibonacci retracement level)
TSRI MACD: Crossover to signal selling opportunity
SL: 30 pips above resistance
TP: 90 pips at previous swing level and area of 61.8% Fibonacci retracement level
Trend: Possible breakout of consolidation to trade lower
Support/Resistance: Look for break of the bullish trend line and support level of 0.6090 (confluence with the 38.2% Fibonacci retracement level)
TSRI MACD: Crossover to signal selling opportunity
SL: 30 pips above resistance
TP: 90 pips at previous swing level and area of 61.8% Fibonacci retracement level
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