Liquidity zone with High Risk/Reward Long

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Oct 4, 2016 4:27 PM

Nice area to watch for a long opportunity. The price is approaching the Daily demand zone, the strong momentum to the downside is giving us some clues on the area acting like a magnet (zone of high liquidity).
The RSI is already over extended

I will watch carefully this area
Happy trading