NZDUSD_long_Intraday_Only
The main trend of N/U is still bearish, a minor trend is indeed slightly bullish but failed to trigger the resistance level of 0.75550 lats week. It needs more momentum to push forward.
For trend traders can wait and sell the N/U lately. But for swing traders to get some pips for intraday can buy this pair at the giving level below with the target of profit and stop lose as below:
NZDUSD_Intraday_Long
Buy@0.74700
s/l@0.73900
t/p@0.75280
For risky trader this pair can be bought at fib 0.786 and s/l below fib 0.6180.
first suport level@0.74864 (=Fib 0.786)
second support level@ 0.74700
third support level@0.74198 (=fib 0.618, unlikely for today as intraday forecast)
Trade well!
Makkaba team
The main trend of N/U is still bearish, a minor trend is indeed slightly bullish but failed to trigger the resistance level of 0.75550 lats week. It needs more momentum to push forward.
For trend traders can wait and sell the N/U lately. But for swing traders to get some pips for intraday can buy this pair at the giving level below with the target of profit and stop lose as below:
NZDUSD_Intraday_Long
Buy@0.74700
s/l@0.73900
t/p@0.75280
For risky trader this pair can be bought at fib 0.786 and s/l below fib 0.6180.
first suport level@0.74864 (=Fib 0.786)
second support level@ 0.74700
third support level@0.74198 (=fib 0.618, unlikely for today as intraday forecast)
Trade well!
Makkaba team