Get started

Nzdusdidea

The Same History Happened Again , New Setup To Catch 180 PipsWe Have A Daily Closure Above Major Level Of Res 0.70100 And The Price Trying To Make As Previous Time And Make It A Strong Supp To Can Continue To Up Side And Make A New Lower High After Made A Lower Low To Continue This New Trend, So We Will Waiting The Price To Retest Our New Supp Level And Take A Buy Trade To 0.72000 This is an educational + analytic content that will teach why and how to enter a trade Make sure you watch the price action closely in each analysis as this is a very important part of our method Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
Long
by FX_Elite_Club
2
NZD/USD Technical Analysis.Hello traders, NZD/USD is trading at 0.7008. The Pair is trading in descending resistance and support wedges pattern. As the price has already touched resistance level, it can give a small pull back and then break the resistance level to start a small up trend. If the price breaks the resistance level at 0.7012, it can start a small up trend and can touch its target price at 0.7052. Follow proper risk management strategy to avoid unnecessary losses and to increase profitability, don't risk more than 2% of your capital on each trade. Do follow us for future Forex trend analysis and Ideas. Thank you, Rishikesh Lilawat
Long
by rishililawat5