NZDUSD: Trading Signal

Monday, October 14, 20131comments


The break lower in NZDUSD may be the bear trap. I am waiting for some weakness from September high to enter the trade.

Trading Strategy: My order to go short at 0.8388 with stop loss 0.8440 and target profit open for now.

Important levels to watch:
Support : 0.8231,  0.8266, 0.8310
Resistance : 0.8389, 0.8435, 0.8480
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