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MEX_Exchange
31 Th01 2018 01:56

NZDUSD starting to show signs of a bounce, remain bullish Giá lên

New Zealand Dollar/U.S. DollarFXCM

Mô tả

Buy above 0.7312. Stop loss at 0.7256. Take profit at 0.7436.
Reason for the trading strategy (technically):
Price continues to test our buying area and ascending channel support. We think that it might be doing a fake breakout now because RSI has not broken below 50% yet. We remain bullish above major support at 0.7312 (Fibonacci retracement, horizontal overlap support, long term ascending support, bullish price action) for price to continue its push up to at least 0.7436 resistance (major swing high resistance, Fibonacci extension).
RSI (55) major support remains at 50% and only a clean break of that level would be a precursor that a drop is coming.
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yitiancai
great job
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