Although fundamentally speaking the USD is stronger than the NZD which make it more logical to sell the pair than to buy. This buy is based on short term trade, and base on the support level price is approaching.
If you are taking this trade you need room to let it breathe 30 to 50 pips stop loss.
If you are taking this trade you need room to let it breathe 30 to 50 pips stop loss.
Note
Price reached the support 0.5860 and bounced off a 40 pips profits. price currently 0.5901Note
Closing at 0.5950 ahead of NFP tomorrow, massive 100 pips move, stay alert for morePrice reached as high as 0,5985 just 15 pips away from the forecast.
Trade closed: target reached
Priced reached 0.60
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My free signals
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
Twitter
x.com/Elitepipmaster
t.me/+pknBOliLTkI1Mjk5
Contact me
t.me/Eleazarahmath
x.com/Elitepipmaster
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.