Trade plan Short level 1 1.37800 Short level 2 1.37940 Stoploss 10.38030 target Price 1 1.37590 Target Price 2 1.37420
Case 1 NZDCHF after making a good bull run, correcting itself at fib level 0.382. It has taken good support, attempt to buy at current level with stop loss 0.65400 with first tp: 0.66340 Case 2 if it breaks the fib level 0.382. Attempt to short it with stoploss just above the resistance 0.65450. Either way it will be a good trade!
USDZAR after being in a downtrend has taken support at 14.35300. Since then it has been making Higher High and Higher Lows. Attempt to buy this pair on dip near trendline (14.75300) with stoploss on last higher low (14.56250) Possible buy zone: 14.75300 Stoploss: 14.56250 Target price: 14.97400