sugarfx
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NZDUSD 200 pips 1:2RR EVERYONE SAYS LONG

FX:NZDUSD   Dolar New Zealand/Dolar U.S
Hello,

What Jacinda Ardern will bring to the NZ             economy? Not quite sure, but the market reacted quickly after her appointment was announced.

Key Level:
0.680 - 0.69, this level has been tested several times this year and 2017's low being 0.682, will NZDUSD             go below this level again? i doubt it as NZ's economy is relatively stable compared to the rest of the world.

Entry 0.6891
SL 0.679
TP1 0.6983
TP2 0.7098

Patience pays, i would expect NZD will go into consolidation mode for the next coupe of weeks before moving to around the pre election level (0.71-0.72)
Dagangan aktif: finanlly NZDUSD moved up from the support @683 and now trading @692
Dagangan aktif: target 1 almost reached.
it is bearish at the moment but we should be able to hold the 68 level.
Dagangan ditutup: hentian tercapai
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