Lanmar

NZDUSD: Daily outlook

Lanmar Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Entry execution where arrow begins. Target execution where arrow ends. Stop beyond congestion. Re-evalution of execution if price breaches major high or low.
Trade active:
@ .7320

Alternatively, a lower risk trade is long AUDNZD.
Comment:
Changed position *** Long AUDNZD from 1.0530. Closed NZDUSD at .7340. Added to AUDNZD long at 1.0570
Comment:
Prepare for breakout above TL. I ALREADY CLOSED THIS POSITION ON JULY 14 (Went Long AUDNZD instead at an average cost of 1.0550.
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.