NZD/USD Technical Analysis.
Hello traders, NZD/USD is trading at 0.6996. The price is moving in a downward resistance and support channel, after reversing from resistance level it can start a new down trend. The entry price for the pair is at 0.6984, first target is at 0.6949 and second target price is at 0.6910.
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.
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Thank you,
Rishikesh Lilawat
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
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