EURNZD rollercoaster trade
Updated
NZD and USD tend to inverse corelate very well and with USD artificially inflated despite the rate cut from yesterday i aspect NZD to show some strength.
In addition the EMA`s tend to signal the same thing, double confirming the above idea.
This trade looks very safe but i choose to have a very tight stoploss, can be modified accordingly to your account, but friday is NFP so extra care is needed.
In addition the EMA`s tend to signal the same thing, double confirming the above idea.
This trade looks very safe but i choose to have a very tight stoploss, can be modified accordingly to your account, but friday is NFP so extra care is needed.
Trade active
Trade active
100 pips reachedTrade closed: target reached
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.