Hi all,
The reason for this trade is pretty clear: NZD is strong and JPY is weak.
Currently awaiting for price to come down to wholesale prices to go long for a potential profit of 80 points.
Price have just reached a fresh supply zone so it wont be long before the price reaches demand.
The pink and blue lines are moving support lines (MIDAS S/R).
Good Luck,
Carl-Gustav Ekstroem
The reason for this trade is pretty clear: NZD is strong and JPY is weak.
Currently awaiting for price to come down to wholesale prices to go long for a potential profit of 80 points.
Price have just reached a fresh supply zone so it wont be long before the price reaches demand.
The pink and blue lines are moving support lines (MIDAS S/R).
Good Luck,
Carl-Gustav Ekstroem
Trade closed: target reached
