Once again approaching the trend line and 100SMA on a daily chart, a nice long trade for a bounce can be place here, 2:1 risk. For a short trade, we need more confirmation, the lows and the 200SMA is there as well. NZD has a positive boos after better than forecasted gdp numbers.
Comment:
Comment:
After a weekend gap lower below the 100SMA, price action pucked up and now going up.