NZDUSD has broke key resistance and had a strong bullish engulfing candle close for 7th May 2020. The technicals are pointing out long positions for the remainder of this wave as we are now well in the next impulsive move. Waiting for 1hr candle stick retest and rejection of key support now to secure the long positions.
Trade active
Trade is now running 40 pips in profit will be making risk free due to high USD economical news later today.
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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.