Oscillators and exponential moving averages suggest a buy. If you're a trend trading, this one is an obvious long. Short when price action meets downward sloping resistance.
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We have finally reached the golden zone for a buy. I mentioned reaching this area in my previous post. As the week went by we saw the Dollar Index decline and this pair was doing the exact opposite of what it was supposed to do. The bulls allowed the bears to slowly bring price down to the .69300 area. That is the perfect place for a long term buy. for now i...
A potential buying opportunity if price action permits. Kiwi seems to have found some support and is stalling. Good R:R. Lets see how this plays out next week.
