looking for a long here in the NZDUSD as the 50% fib of the up move has held on the daily chart.
looking to go long on a break higher at .7260
with a stop at .7185 just under the 50% fib level. stop might be a little tight but if it reverses below after an entry that will mean dollar is holding support on the dxy
looking for a 100 pip move for profit at .7360
dollar index looks to continue to be weak. if it breaks 91.90, this trade would be in good shape.
looking to go long on a break higher at .7260
with a stop at .7185 just under the 50% fib level. stop might be a little tight but if it reverses below after an entry that will mean dollar is holding support on the dxy
looking for a 100 pip move for profit at .7360
dollar index looks to continue to be weak. if it breaks 91.90, this trade would be in good shape.
Comment:
Trade filled
Comment:
stop hit