Hi Seildev here,
I'll be closely monitoring EUR/NZD over the next 48 hours.If daily close above 1.54000 then look for buy
- Nice doji candle formed last Friday 23rd/June
- Resistance channel working as support since Jul-16
- 1.54000 Psychological level and acted as resistance to the most recent structure
- Fib at 50% from low 8th/Feb to High 19th/May
- RSI low 30's
Target 1 @ 1.56413
Target 2 @ 1.58723
Safe trading
I'll be closely monitoring EUR/NZD over the next 48 hours.If daily close above 1.54000 then look for buy
- Nice doji candle formed last Friday 23rd/June
- Resistance channel working as support since Jul-16
- 1.54000 Psychological level and acted as resistance to the most recent structure
- Fib at 50% from low 8th/Feb to High 19th/May
- RSI low 30's
Target 1 @ 1.56413
Target 2 @ 1.58723
Safe trading
Comment:
Target 1 reached
Comment:
2nd order stop loss has been moved up to break even