NZFCHF: High risk entry for SHORT

Fundamental:
CHF: Still an easing currency for now. However, SNB meeting today might change the current policy
NZD: Easing currency with mostly weak data, and no new release scheduled for this week

Technical:
Price Action currently rejecting Fib 0.382 level, which is also the same as the weekly resistance level

Note:
Suggest to half your lot size due to SNB meeting today

Trade fermée: ordre d’arrêt atteint:

Trade was going on the way but stop was too tight :(