We know that the news report came out last week stating that USD will gain value on NFP Friday.
We have entered a good selling point for NZDUSD, with the current candlesticks failing to break the strong diagonal resistance. We can anticipate a monthly sell. However it is one in which we need to keep our stops tight, because we are strongly aware that the NZD has been doing well from news reports. Short term sell to the 0.70600 region
We have entered a good selling point for NZDUSD, with the current candlesticks failing to break the strong diagonal resistance. We can anticipate a monthly sell. However it is one in which we need to keep our stops tight, because we are strongly aware that the NZD has been doing well from news reports. Short term sell to the 0.70600 region
Trade closed: target reached