cvfxwealth

NZDUSD Sell Opportunity

Short
cvfxwealth Updated   
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
We have broken to inner trend line on NZDUSD. Look for a retrace north to 0.8918 area to sell down to TP1 and TP2.

Take profit at outer trend line around 0.8868 for 100 pips. Wait for break of outer trend line before reentering to target TP2.

Good luck! Let me know if you have any questions.

Charles V
CVFX Management
Trading made Simple
Comment:
Price did not go as high as expected and already broke the outer trend line. Look to sell @ backside of trendline around 0.8855 area. NZD rate shortly today that may cause the retrace.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.