OANDA:NZDUSD
Short Term trade idea for NZDUSD
Sell at 0.73250 for a drop towards 0.71340 towards 0.69590
Stop loss at 0.74620
Reason For Short
Market close to and pulled back below descending channel resistance.
Market currently below 0.73250. This is the 23% Fibo retracement level. A close below this level will strengthen the bearish play for a drop...
Hi everyone!
I love your support!
I am Bearish on EURINR based on patterns on the daily and weekly chart.
There is a European central bank rate decision in a few days which will decide the direction of the trade and bring volatility into the market.
Important zones of support at 73.70 have been broken and a retest of that level can be expected before price moves...
Today we have closed the spread trading opened yesterday with +50 pips.
Now the spread is still long on EJ and short on EU.
We are waiting for a new trades
The price has formed a "congestion at the key resistance area (short term).
In case if the price is bouncing of 184.00 area, Target is 181.500 Breakdown will open the way to 180.000 Area.
Stop Loss at the moment above 184.00
