NZ$/US$ is finalizing Minuette (iv) (black) and about to start the last piece of the Bullish Swing which is Minuette (v) (black).
After this final leg we will be interested to SELL this pair as we are expecting a bigger drop at the end of this cycle.
NZ$/US$ – 2H Chart (picture):
NZ$/US$ – 2H Interactive Chart:
NZ$/US$ – Bullish Minuette (v) – BUY Position – Intraday:
- Entry – 0.73800 (or Market Execution if Aggressive)
SL – 0.73000
TP – 0.75600 & 0.76600
Comments ( 2 )
admin
(August 5, 2017)Due to positive NFP results FED’s Interest Rates outlook might have been changed and a Bullish sentiment surrounds USD.
Therefore, caution is needed with this Aggressive Intraday post.
If active with this trade, we advise a SL at break-even.
admin
(August 10, 2017)Trade Closed at break-even.