NZDUSD Trade Idea (18th February 2020)
Currency Pair: NZDUSD
Timeframe: H1
Date/Time of Signal: 18th February 2020 / 1515hrs (SGT)
Review:
Both Coronavirus continues to impact China’s economy and dovish Australian Monetary Policy Meeting minutes gave a bearish sentiment to the New Zealand Dollar.
Recently, NZDUSD has been on a downtrend and has broken through the support level of 0.6430.
Following the trend, trade signaled to sell NZDUSD (Entry: 0.6412) with 3 Take Profit (TP) Targets (TP1: 0.6392, TP2: 0.6372, TP3: 0.6352) and Stop Loss (SL) at 0.6442.
Timeframe: H1
Date/Time of Signal: 18th February 2020 / 1515hrs (SGT)
Review:
Both Coronavirus continues to impact China’s economy and dovish Australian Monetary Policy Meeting minutes gave a bearish sentiment to the New Zealand Dollar.
Recently, NZDUSD has been on a downtrend and has broken through the support level of 0.6430.
Following the trend, trade signaled to sell NZDUSD (Entry: 0.6412) with 3 Take Profit (TP) Targets (TP1: 0.6392, TP2: 0.6372, TP3: 0.6352) and Stop Loss (SL) at 0.6442.
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.