Hi Traders
Please see our above analysis on NZDCAD.
This is in line with our previous post on NZDJPY.
Note it would not be sensible to take both these positions and taking one or the other would be the correct way to manage your risk.
We do expect to the see the move on both pairs.
Lets see how it develops this week.
Have a safe and profitable week!
The Fx Chartist
Please see our above analysis on NZDCAD.
This is in line with our previous post on NZDJPY.
Note it would not be sensible to take both these positions and taking one or the other would be the correct way to manage your risk.
We do expect to the see the move on both pairs.
Lets see how it develops this week.
Have a safe and profitable week!
The Fx Chartist
Comment:
Apologies I have incorrectly marked the zone "MAJOR SUPPORT" this should be labelled "MAJOR RESISTANCE"
Comment:
Position closed BE - not the momentum we were hoping for.
Looks like there is more NZD strength coming into play than expected.
Looks like there is more NZD strength coming into play than expected.
Trade closed manually