Chart of The Day $NZDUSD 12-19-2016

On the NZDUSD daily chart we can see that the pair has broken below 0.7000 and is on it’s way to test 0.6890. Short entries should be in 0.6980-0.7030 zone. Below 0.6890 we could see extended downside reaching 0.6600 level.

Happy trading! (click on the chart to enlarge it)

NZDUSD trend following strategy


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