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Main » 2018 » November » 22 » Forex trading ideas today 11/22/2018: sale NZDUSD
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Forex trading ideas today 11/22/2018: sale NZDUSD

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Trade Idea today Selling NZDUSD from 11/22/2018


A pair of NZDUSD is in the vicinity of important level 0.68000 and looks overbought short term. On a 4-hour chart figure can be seen the formation of "rising wedge", the output of which is usually going down. In the near future of significant economic news that could change this situation is not expected. Most likely, the price decline in the pair NZDUSD continues.

 

 

 

 

 

Against this background, opening the deal to SELL NZDUSD sale of levels: 0.68000 - 0.68200.

Stop / Loss: 0,68560.

Take / Profit: 0,67000 - 0,66000.

Author: Michael Katchura Grand Capital

 

 

Views: 22 | Added by: mik | Rating: 0.0/0
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