NZD/USD Short Trade-014

Trade -NZDUSD Short



Reasons for entering short @ around 0.6250-60

1. 0.61 Fib Level.
2. Upward Trend Line Resistance
3. Price bounced back after touching this level in March 2020
4. Price bounced back after touching this level in September 2015
5. There is pullback due. NZDUSD


Entry around .6230-60

STOP- Check chart
Profit - Check chart

though the pullback can be huge, however to be on safer side scale out some profit as this level can be retested NZDUSD .

Trade active:

triggered short

Trade closed: target reached:

First Target reached