LONG for 40 points

By MichaelShannon
Updated
I expect the price to break throough the 6300 mark and continue for a quickish 40 points. The price bounced off this level earlier in the week and the RSI has started an uptrend.
Trade closed: target reached
Trade closed, target of 40 points reached. I expect the price will drop back towards the 6300 mark next week and will look to enter again. Alternatively I'll be looking to short at about 6365.
Technical IndicatorsNZDCHFnzdchflongSupport and ResistanceTrend Analysis

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