NZDUSD Ascending Channel Trading
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DAILY
We are trading in ascending channel, a breakout of 0.6600-0.6580 area would impact of 0.6690 area soon, moreover hold of 0.6600-0.6580 area would impact to touch again 0.6725 area. This week we also had a USD (Federal Funds Rate) that showing weakness in USD pairs.
NOTE
Always take 1% risk on each trade for capital preservation.
Regards:
Carlos Smith.
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Have a great Day for everyone!
DAILY
We are trading in ascending channel, a breakout of 0.6600-0.6580 area would impact of 0.6690 area soon, moreover hold of 0.6600-0.6580 area would impact to touch again 0.6725 area. This week we also had a USD (Federal Funds Rate) that showing weakness in USD pairs.
NOTE
Always take 1% risk on each trade for capital preservation.
Regards:
Carlos Smith.
Leave us a comment or like to keep our content for free and alive.
Have a great Day for everyone!