NZDUSD retesting channel (past daily up trend line)
Expect a bounce off to the downside.
1. RSI in sell
2. NZD CPI came in much under expectation.
3. NZD overbought and currency strength in reverse zone.
Entry @ .6670 area
TP @ 0.6600 area
SL above broken trendline 20-30 pips.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Expect a bounce off to the downside.
1. RSI in sell
2. NZD CPI came in much under expectation.
3. NZD overbought and currency strength in reverse zone.
Entry @ .6670 area
TP @ 0.6600 area
SL above broken trendline 20-30 pips.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Note
TP Taken
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.