NZD/USD | Potential Downward Movement
💡 Trade Idea
📈 Sell Order NZD/USD @ 0.7036
🎯 Target Profit 0.6940
🛑 Stop Loss 0.7072
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.
📈 Sell Order NZD/USD @ 0.7036
🎯 Target Profit 0.6940
🛑 Stop Loss 0.7072
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description:
The failed to probe above the daily resistance (blue line), and then posted a head and shoulders which indicates a potential reversal, plus we have a breakout of the bullish channel to the downside.
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