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Kiwi

NZD/USDHello, I've got for you two nice ideas with smashing R/R, over 8 R:R in both cases. So this pair has arrived in a key area, please check on daily, weekly and mothly TF for bigger picture and a nice overview. The pair has right now arrived in a supply zone on daily, in this case we have to wait and see what will happen on NY Open. if the price will break the 0.65750, we could go in a long but only after testing the zone, we could aim the high price from July 2019 and 31 December 2019. The back up idea is a short from 0.65750 till the base of this formation @ 0.64300 - 0.64200. Let's wait and see what is happening on the New York Open but personally I see a bias change on this pair and we could see a nice long, also I checked the economics from both sides and from USA we have worst news, the fight in the streets, number of COVID-19 is on rising trend, on the other hand,if we talk about pandemic problems, in NZ the situation is under control and they report under 30 cases since April. More updates will be here soon ! Stay safe and have a good day !
by Andrei_C
NZD/USDHello, Please take a short look at this chart ! This pair is on demand level and could offer us a nice R/R, depends on your appetite for risk ! You could set your 1st TP at 0.64212 and second at 0.64450, the SL at 0.63818 I have a question for you and I will be glad to optain some opinions here . I want to make a group, it will be a free group !!! What kind of platform to you use mostly for this kind of trading idea groups ? This group will be based on trading using supply and demand, low leverage, like 1:100 and most of the time with R/R more than 1:3 All ideas must have a minimum of 3 opinions for good trade or a bad trade ! Thank you for your opinions and stay safe !
Long
by Andrei_C
EURNZD - Buying a corrective dip to the 78.6% retracement EURNZD is Bullish - We look to Buy at 1.7295 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Bespoke support is located at 1.7295. ▪️ A bullish reverse Head and Shoulders is forming. ▪️ We have a 78.6% Fibonacci pullback level of 1.7295 from 1.7190 to 1.7653. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.7370, resulting in improved risk/reward. Stop: 1.7235 Target1: 1.7535 Target2: 1.7650
Long
by Signal_Centre
EURNZD - Inverse head and shoulders forming? EURNZD is Bullish - We look to Buy at 1.7420 ▪️ Positive overnight flows lead to an expectation of a firm open this morning. ▪️ Bespoke support is located at 1.7420. ▪️ A bullish reverse Head and Shoulders is forming. ▪️ We have a 61.8% Fibonacci pullback level of 1.7361 from 1.7653 to 1.7190. ▪️ Further upside is expected although we prefer to set longs at our bespoke support levels at 1.7420, resulting in improved risk/reward. Stop: 1.7375 Target1: 1.7650 Target2: 1.7750
Long
by Signal_Centre
NZDUSD - Neutral Signals, Trade a BreakA bullish reversal at the daily level on Monday, supported by the 13 daily average rate left signals for Tuesday as bullish. This stance was proven correct, with prices posting a 2nd higher daily high & low in a row. However, sellers have returned to the market, prices declining almost 1 Big Fig, and closing little changed. Trend signals for Wednesday are thus weak and the call is to remain neutral from in between Tuesday's .6414 - .6507 range. Losses through .6414 target Monday's low at .6381 or even the 200 DMA at .6322, while gains through .6507 targets last week's top at .6584 or even the Jan 24 high trade at .6629.
by ThreeCAnalysis