Trade_Rocket_Investments

EUR/NZD Trade explained

Panjang
FX:EURNZD   Euro / Dolar New Zealand
we placed a buy limit on EUR/NZD yesterday which got triggered and now we have hit our first take profit and moved our stop loss to entry. the reason for this buy is that the fundamentals were flat on our fundamental calculator so we knew that we wouldn't break to the downside again of our daily zone where we have seen consolidation. so we saw a push to the upside, placed a buy limit at our level of support to catch the exhaustion and our final take profit is at the upper level of consolidation. fundamentals are now slightly to the upside so that is helping our trade so we will monitor closely but we don't expect much more movement to the upside today as it is non Friday and the lowest volume day of the week.
Penafian

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