MarcellusLUX

NZD/USD sell opportunity after RBNZ induced spike

Satış
FX:NZDUSD   Yeni Zelanda Doları / ABD Doları
NZD/USD has spiked up after the RBNZ meeting. Market participants
reacted positively initially and hence, NZD/USD has spiked up to the resistance
level.

However, the spike may be faded very soon. Price has reached a strong resistance
level and it seems like the bulls might not be able to break it.

So, based on bearish price action, sell NZD/USD@0.7301-0.7320 with SL above
0.7350 and TP at 0.7180
Feragatname

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