NZDUSD: Bearish Outlook
I think nzd/usd pair going to short positon, because 3EMA above the price level in H1,H4 & D1 Time Frame. Its also show as triangle in m30 TF. which possible to break and I hope this will be go to 0.71835 level, but before its possible to faced good support at 1.7270 and 0.72260 level.
I think we look for short position with minumum 30 pips sl and 60-100 pips profit target. which is 1:2 or 1:3 risk reward ratio.
So, lets see what happen. Hope for the best and happy trading.
I think we look for short position with minumum 30 pips sl and 60-100 pips profit target. which is 1:2 or 1:3 risk reward ratio.
So, lets see what happen. Hope for the best and happy trading.
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