For the whole of last week, all of the nzd/usd candles closed green. However, nzd/usd has respected its 0.6687 resistance well. It is noticeable in the last 4 hour of the trading time on Friday. I am expecting it to go lower before going even higher due to the weakness due to the expectation of FED lowering its interest rate. A long limit around 0.66 would be a good one.
Comment:
waiting for entry signal
Comment:
no signal trade idea failed