This two currency pairs had broken the uptrend momentum, and seem to be going on a downtrend momentum.
I suggest to wait for the 535 formation to be created before entering into NZD/USD.
Or maybe a fibonacci pull back of 31.8%.
I had put a sell limit on NZD/USD EP=0.5814 SL= 0.5930 (Retracement of more then 78.6%)
As for AUD/USD i am still waiting for a much more clearer sign of a downtrend.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment