NZD/USD | Potential Downward Movement
💡 Trade Idea
📈 Sell Limit NZD/USD @ 0.7057
🎯 Target Profit 0.6941
🛑 Stop Loss 0.7084
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets see if the NZD/USD will drop to the 0.6941 level.
📈 Sell Limit NZD/USD @ 0.7057
🎯 Target Profit 0.6941
🛑 Stop Loss 0.7084
❌ Do not risk more than 1 % of your account on each trade
🙂 Good Luck !
Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets see if the NZD/USD will drop to the 0.6941 level.
