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MEX_Exchange
9 Ağu 2017 02:02

NZDUSD right on major support, remain bullish Alış

New Zealand Dollar/U.S. DollarFXCM

Açıklama

Buy above 0.7325. Stop loss at 0.7305. Take profit at 0.7389.
Reason for the trading strategy (technically):
Price is right on major support at 0.7325 (multiple Fibonacci extensions, horizontal swing low support, channel support) and we expect to see a bounce above this level for a push up to at least 0.7389 resistance (Fibonacci retracement, horizontal pullback resistance).
Stochastic is seeing major support at 8% signalling that a short term correction is fast approaching.
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