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)
Get your MetaTrader4 TrendTradingDNA template.
Through time we have developed a very respectable trading strategy which defines Entry, Stop Loss and Take Profit levels with high accuracy and allows you to make position Risk Free. If you want to learn all about it and become a professional Trader, sign up now and become a member here
End of the year sale up to 50% off on three months and one year membership!
How to determine a trend webinar recording+one month premium membership!