FX:NZDUSD   New Zealand Dollar/U.S. Dollar
27 0 0
Long term trend: Up
Medium term trend: Down
Significant Levels: 0.784 (Horizontal Support), 0.8 (Significant Round Number and Horizontal Resistance), Downtrend Line

Yesterday's bar formed a Large Bearish pin bar, rejecting the Significant Number. This is a signal for us to place a Short trade now.

Trade setup:

Sell: Around 0.7990 area
Stop Loss: Around 0.8050 area
1st Profit Target: 0.7900
2nd Profit Target: 0.7850

Trade well.

Disclaimer: Anything can happen in the market. The trade setup provided above is just a recommendation from our trader/s and there is no guarantee that it will be successful. Trade at your own risk.
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out