BULLISH MOMENTUM (NZD/CHF)Even though the NZD is still week, it has broken through the bearish trend and has started to form a bullish trend . Even though today (30/05/2019) has shown a massive bearish movement that nocked it -0.50% - -0.56% from a bullish morning that reached upto 0.65888 (+0.30%). It has bounced of the last support @0.65517 and fallen within the bullsih trend. this could be a good time to BUY as there is a lot of room for a good profit. As the bearish trend started on the 30 April 2019 and was @ 0.68113. So there is a lot of money to be made. If the market does not go in the direction then place you stop loss @0.65505. this is placing your risk at very small (0.08%) which is just below the last support as there is more bearish to go. Either way there is a lot of potential in this curreny pair.
Forex_signals
Buy CHF/JPY At The Weekly Support ZoneNow is looking like a perfect opportunity to catch huge pips as price has approached a weekly tested support zone! As CHF weakened during the past 2 weeks it has pushed priced to a key zone which should cause price to reverse & we will capitalize on this move.
Trade Details :
Entry : 107.810
SL : 107.400
TP : 110.000
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