NZDUSD, H2
On the H2 timeframe, NZDUSD is in the correction after a robust fall, and faces the crucial 0.6110 resistance zone.
On the Williams Alligator indocator, the lips crossed the jaw, so a rise above the nearest fractal will trigger a bullish trend.
- Consider the long trade on the NZDUSD breaching above the 0.6110; with the target at 1.6190.
- If the price rebounds from the resistance, it may fall back to 0.6050
