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Daytraxe

NZDUSD one hour takeYesterday offered up some good short term play on NZD against the 6760 area. Today we seem to have a repeat trading opportunity within a up sloping channel so far today offering resistance. In addition we have A great fib resistance zone From the recent highs around the 6780-6800 area. With hourly price action over lapping and grinding slowly higher I’m thinking taking small short trades using the 6760 as my stop zone to see if we get a repeat of yesterday’s late afternoon play. More of a short term trade idea and or scalping trade. As usually use your own trade plans and trade your own plan. Post is not trading advice but a view of my trade / plan be it good, bad, or indifferent, as always the risk is always the traders to bare. All the best my friends.
Short
by PipsTradingClub
Updated Sep 17, 2020
22

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

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