NZDUSD 200 pips 1:2RR EVERYONE SAYS LONG
Hello,
What Jacinda Ardern will bring to the NZ economy? Not quite sure, but the market reacted quickly after her appointment was announced.
Key Level:
0.680 - 0.69, this level has been tested several times this year and 2017's low being 0.682, will NZDUSD go below this level again? i doubt it as NZ's economy is relatively stable compared to the rest of the world.
Entry 0.6891
SL 0.679
TP1 0.6983
TP2 0.7098
Patience pays, i would expect NZD will go into consolidation mode for the next coupe of weeks before moving to around the pre election level (0.71-0.72)
What Jacinda Ardern will bring to the NZ economy? Not quite sure, but the market reacted quickly after her appointment was announced.
Key Level:
0.680 - 0.69, this level has been tested several times this year and 2017's low being 0.682, will NZDUSD go below this level again? i doubt it as NZ's economy is relatively stable compared to the rest of the world.
Entry 0.6891
SL 0.679
TP1 0.6983
TP2 0.7098
Patience pays, i would expect NZD will go into consolidation mode for the next coupe of weeks before moving to around the pre election level (0.71-0.72)
Trade active
finanlly NZDUSD moved up from the support @683 and now trading @692Trade active
target 1 almost reached. it is bearish at the moment but we should be able to hold the 68 level.
Trade closed: stop reached
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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.