FX.co ★ NZDUSD profit target reached perfectly, turn bullish above major support

Price reached our channel exit potential perfectly as expected securing us good profits. We now turn bullish above fractal support at 0.7215 (Fibonacci retracement, Fibonacci projection, horizontal support, channel exit support) for a push up to 0.7280.

Stochastics (21) is seeing a bounce above our 10% support level signalling a bullish move is in progress.

Buy above 0.7215 support. Stop loss is at 0.7175. Take profit is at 0.7280.