Similar to EURCHF, buying this pair with a conservative SL @0.675 and TP near 0.69.
Daily:
Weekly:
Confidence: B (unlike with EURCHF which is riskier, this one I'm a little more confident despite the current price action shying away from my entry point because of strong macroeconomic fundamentals in NZD as mentioned in my blog).
Daily:
Weekly:
Confidence: B (unlike with EURCHF which is riskier, this one I'm a little more confident despite the current price action shying away from my entry point because of strong macroeconomic fundamentals in NZD as mentioned in my blog).
Trade closed manually
Manually closed for now, will re-open trade if price action is good after Fed rate meeting and Chinese PMI news later.
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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.