Following the downside drop of the
DXY
index that shows the strength of the Dollar,
NZDUSD
has been trending to the upside.
similar to its correlated pair GBPUSD . Will this hold for the long term?? let's wait and see.
my view is bulls will control the markets for the NZD/USD to the 0.6200 level.
ITS A GOOD TIME FOR A BUY ENTRY.
RISK REWARD RATION 5.4. ITS A SWING TRADE!!
similar to its correlated pair GBPUSD . Will this hold for the long term?? let's wait and see.
my view is bulls will control the markets for the NZD/USD to the 0.6200 level.
ITS A GOOD TIME FOR A BUY ENTRY.
RISK REWARD RATION 5.4. ITS A SWING TRADE!!
Trade active:
IN THE MONEY TRADE, HOLDING TO TAKE PROFIT BY END OF WEEK FRIDAY