TradingView
FOREXEL
Oct 26, 2014 7:40 PM

NZDUSD - Long/medium term trade Short

New Zealand Dollar/U.S. DollarFXCM

Description

Initial TP right now is the 0.77 area. Will then watch and see if that support level will break or bounce. If it breaks I will trade it down to 0.75 or possibly all the way down 0.7274 if it bounce I wait to re-enter the trade around 80.70 (RBNZ intervention area) but it may go higher as the box illustrates- just have to wait and see.
More