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ForexFien
Mar 26, 2019 11:26 AM

NZDCAD SWING BUY  Long

New Zealand Dollar/Canadian DollarFXCM

Description

Looking for a buy will probably wait for the daily close for confirmation of entry.
At a resistance zone at the moment, if broken then it will be a STRONG BUY to the next KEY resistance level.

Trade closed: stop reached

Order cancelled

NZD INTEREST RATE DECISION CAUSED A HUGE SPIKE
However my signal could have been incorrect
Lesson - Look at chart on higher time frame W1 in this case to see if it could be a false breakout.
Comments
ForexFien
MAKE SURE TO CHECK THE NEWS NEXT TIME - NZD INTEREST RATE DECISION WAS THE CAUSE FOR THE SUDDEN DROP
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