BUY NZDUSD – 0.60415

NZDUSD

Trade ID: nzdusdbuy1771241564575 | Execution: 682591
Status
LOST
Direction
BUY
Entry Price
0.60415
Targets Hit
0 / 3

Trade Levels

Entry, Stop Loss & Take Profit Targets
Level
Price
Pips
Status
Hit Time
Entry Price
0.60415
0
Filled
Feb 16, 2026 11:33 AM
Stop Loss
0.60295
12
HIT
2026-02-16 22:01:00
Take Profit 1
0.60517
10.2
Not Hit
-
Take Profit 2
0.60583
16.8
Not Hit
-
Take Profit 3
0.60715
30
Not Hit
-

Trade Analysis

Strategy & Reasoning
Strategy
Reversal
Reason
Buy NZDUSD on a bullish London‑session reversal pattern confirmed by a high‑volume buy sweep and supportive macro backdrop of a softening USD and still‑positive NZ service activity.
Details

The trade is anchored on a classic London‑session reversal where NZD/USD formed a low‑high swing that was retested and then broke upward with a strong volume‑driven buy sweep, matching the LONDON_MSS_REVERSAL and EQUAL_HL_SWEEP patterns. The entry at 0.60415 sits just above a clear structural support level, with the stop placed below that structure, providing a tight risk‑reward profile. Fundamentally, the DXY has stabilized after the latest CPI release, curbing dollar strength, while New Zealand’s services PMI remains above the 50‑point neutral threshold, indicating continued expansion. Coupled with modest US inflation data, the macro environment favours a stronger NZD, reinforcing the technical bullish bias. This confluence of technical and fundamental factors justifies a high‑confidence, high‑conviction long position with multiple profit targets.

Confluence Metrics

Technical & Fundamental Analysis Scores
Technical Confluence
LONDON_MSS_REVERSAL, EQUAL_HL_SWEEP, structure support at 0.60415, high volume sweep, multi‑timeframe alignment
Fundamental Sentiment
Dollar Index weakening after CPI, NZ services still expanding despite slight dip, US inflation modest, overall risk‑on bias
Confidence Score
88
Trade Conviction
High
Reasoning Completeness
High
Scroll to Top