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AndreM.Moldegard-Eriksen
Apr 4, 2017 11:09 AM

NZDUSD Long opportunity Long

New Zealand Dollar/U.S. DollarFXCM

Description

NZDUSD is closing into a long opportunity now. It is currently testing a strong support, while being in the zone of 2x stron supports, fibonacci 50 and the bottom of the channel. RSI is on the way down, and will soon reach oversold.

Opened position:

Open at 0.698
Stop loss at 0.682
Take profit at 0.733
Risk/Reward at 2.32

Orders
Execute at 0.687
Stop loss at 0.682
Take profit at 0.733
Risk/Reward at 9.2
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