arieg1985

Possible Long Position for NZD/USD_Trade Plan 2017.06.15

Long
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar

H4 and H1 are both shows the overall trend is up with price breaks up resistance area turns to support 0.72209-0.72275.
If price pull back to this area and rejected up, long the market.
With Stop Loss 35 pips and Target Profit 70 pips, the potential trade offers 2.00 Risk-To-Reward Ratio.

Notes to be concerned, in D1, price reached major down trendline (black line).
Watch carefully if price reversing back down.

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