NZD/USD had some bizarre actions last week in resisting the big drops it was facing, I still believe there would be a huge sell on this pair but to be safer, please wait for the price to break the median line on the pitchfork and enter with a decent volume of a trade.
If you are a newbie to the forex or to this pair, please consult someone or even me before entering this position. Hope y'all have a great trading week ahead,
Cheers.
Comment
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after all the manipulation, target one is about to be achieved ... :) keep eye on the chart for the new updates ...
Trade closed: target reached
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Although it took a while, but our target is reached and the trade is no more valid.
I like your monthly demand Area, I believe it is going to drop much more than that ... I opened up my position as a swing trade so I can be even more patience :P
STEVMQ
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I like the monthly demand area, but I still believe it will drop more.