NZDUSD BEARISH MOVE EXPLAINED +40 PIPS
Updated
NZDUSD was bearish last night and this trade idea hit TP1. My sell limit idea triggered at 0.62200 with prior rejections to this area, the MOM facing down and the Stoch crossing back below the 80% line from being overbought. Bears have some power left and I would not be surprised to see a TP2 and TP3 on this trade.
Trade closed: target reached
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