NZDUSD is forming a short-term top

Apr 16, 2018

NZDUSD breaks 0.7350 support level, look like a short term top is formed here. we wiil the pair near 0.7340 targeting 0.7245 and with a stop loss around 0.7425

Apr 18, 2018

Note

First TP reached at 0.7315, Partial profits booked with +28 pips from entry. we continue to the second target after modifying our stop loss to entry level.

Apr 20, 2018

Trade closed: target reached

Final TP reached at 0.7245, +103 pips done in this trade.