FX618Analysis

Excellent SWING TRADE SHORT opportunity for NZDUSD!

Short
FX618Analysis Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Have a look at the main chart, where the pennant on the weekly pattern has been broken!. At the moment both technical and fundamental factors are with this trade setup and the price will likely target the next support that lies at 0.64000 level.


The above link leads to the trade setup details on this pair. Please read the related ideas section too on the fundamental analysis behind this trade

ENTRY LEVEL: AROUND 0.67500
TAKE PROFIT: 0.64000'
STOP LOSS: 0.70000

All in all its an excellent swing trade opportunity with very high probability. shall there be any updates i shall provide them in the attached link above.

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Trade closed manually:
Please close the trade. price is deeply oversold and consolidation is likely to happen. in the future i will execute this trade again once the consolidation period is over. good profits. cheers
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