NZD/USD Rising channel
Updated
Will Kiwi maintain its uptrend today? RSI hanging out around oversold area ,also if you look closely on fibonacci 61.8% it's mixed with a good structure on 1h chart..
for me it's a good trade because the sweet reward-to-risk ratio especially if you aim for the previous highs near .7400, but i'm cool with a 100 pips.
if you think that Kiwi is done gaining against Greenback, though, then you could also wait for a break below said support levels and execute your sell position.
good luck homies
for me it's a good trade because the sweet reward-to-risk ratio especially if you aim for the previous highs near .7400, but i'm cool with a 100 pips.
if you think that Kiwi is done gaining against Greenback, though, then you could also wait for a break below said support levels and execute your sell position.
good luck homies
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