NZDUSD is forming a short-term top
NZDUSD breaks 0.7350 support level, look like a short term top is formed here. we wiil the pair near 0.7340 targeting 0.7245 and with a stop loss around 0.7425
Note
First TP reached at 0.7315, Partial profits booked with +28 pips from entry. we continue to the second target after modifying our stop loss to entry level.Trade closed: target reached
Final TP reached at 0.7245, +103 pips done in this trade.
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Related publications
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.