#NZDUSD BUY REASONS FOR BUY: REASONS FOR BUY : 1. VALID FUTURE DEMAND ZONE 2. BREAK HH AND RETEST THE LOW 3. VALID UP TREND ACCORDING TRENDLINE 4. BETTER RISK REWARD
NZDUSD EASY LONG. LOOK AT THE TWO POSSIBLE REGRATION AREAS. MARKED IN THE GREEN CIRCLE. LOOK CLOSELY T THE DXY INDEX AND THE POSSIBLE CHANGES.
Buy NZDUSD above 0.666 T1: 0.6745 T2: 0.6850 T3: 0.7000 SL: 0.6660
Buy OANDA:NZDUSD above o.71694 with a stop of 0.71630 for a target of 0.71758
It 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...