NZDUSD Ascending Channel Trading
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DAILY
We are trading in ascending channel, a breakout of 0.6600-0.6580 area would impact of 0.6690 area soon, moreover hold of 0.6600-0.6580 area would impact to touch again 0.6725 area. This week we also had a USD (Federal Funds Rate) that showing weakness in USD pairs.
NOTE
Always take 1% risk on each trade for capital preservation.
Regards:
Carlos Smith.
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Have a great Day for everyone!
DAILY
We are trading in ascending channel, a breakout of 0.6600-0.6580 area would impact of 0.6690 area soon, moreover hold of 0.6600-0.6580 area would impact to touch again 0.6725 area. This week we also had a USD (Federal Funds Rate) that showing weakness in USD pairs.
NOTE
Always take 1% risk on each trade for capital preservation.
Regards:
Carlos Smith.
Leave us a comment or like to keep our content for free and alive.
Have a great Day for everyone!
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.
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.