NZDUSD retesting channel (past daily up trend line)
Expect a bounce off to the downside.
1. RSI in sell
2. NZD CPI came in much under expectation.
3. NZD overbought and currency strength in reverse zone.
Entry @ .6670 area
TP @ 0.6600 area
SL above broken trendline 20-30 pips.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
Expect a bounce off to the downside.
1. RSI in sell
2. NZD CPI came in much under expectation.
3. NZD overbought and currency strength in reverse zone.
Entry @ .6670 area
TP @ 0.6600 area
SL above broken trendline 20-30 pips.
Good luck and let me know if there are any questions.
Charles V
CVFX Management
Trading made Simple
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TP Taken
