New Zealand Dollar / U.S. Dollar
Long
Updated

Are you buying kiwi now ?

80
Nice breakout from the descending channel, awaiting for slight pullback before taking buy entry.
See arrow for profits target
Note
not good, we suffer a small loss.
Note
we just take a long position
Note
if you look closely at the chart, we bought at the breakout point on 5th Dec. 2 days later, it retraces to a better and lower price, giving buyers another opportunity.

The rest, as it says is history.........

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