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sashkay
Oct 26, 2019 7:01 AM

NZDUSD - PRICE COULD GO EITHER WAY 

New Zealand Dollar/U.S. DollarFXCM

Description

Price is currently at a key area which was a previous support. This area also happens to have touched the ascending trend line. we will be looking out for how price behaves at this area. If price breaks downwards below the support area, we will be looking for a retest below the support and open short positions. However, if price bounces off the ascending trendline, then we shall open long positions. Happy Trading
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