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AngelicaTrading
Jan 24, 2018 11:25 AM

NZDUSD Sell Opportunity  Short

NZD/USDOANDA

Description

NZDUSD just approached an interesting level where previously has stalled and reversed. Keep an eye for potential short opportunity, await confirmation with a solid downtrend candle, preferably on 4 hourly. *This is my personal analysis having watched the pair over the last few weeks. Breaking 0.74500 could see the pair continue to rally and reach 0.75600 and beyond (July 2017 High)

*Risk Warning: Trading Forex involves significant risk and can result in the loss of some or all of your invested capital. You should not invest money than you cannot afford to lose and should ensure that you fully understand the risks involved before considering trading. Take into consideration your level of experience, investment objectives and if your not sure then seek professional advice.

Comment

First Take Profit Target 0.73140
Stop Loss 0.74500
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