We finally got some movement on this pair. Have a look at my weekly Analysis to get a grasp of the bigger Picture:
This is for educational purpose only. This is no Investment advice. Always learn how to trade on a demo account first before risking your own Money.
- Price was sitting on the rising trendline and the 78% Fibonacci level
- Weekly and Daily indicators are strongly oversold.
- In the last hours we got a classic fake breakout with the NZD News.
- Price should rise from here strongly over the following weeks.
This is for educational purpose only. This is no Investment advice. Always learn how to trade on a demo account first before risking your own Money.
Idea Berkaitan
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