Nzdusdlong
NZDUSD at Channel SupportIt has been observed that KiwiDollar is coming near Channel Support close to a good support zone (Marked in Green) along with RSI coming onto the support line. A long can be initiated at Channel Support.
Entry : 0.7240 to 0.7249
Target : Next resistance zone at 0.7295. The 2nd target can be aimed at Channel resistance while trailing stops.
Stop : Below Green support zone at 0.72149