SHORT:NZD/USD : Rising Trend Channel Keeps Buyers Might Be Hopeful

NZD/USD declines to 0.6630 amid the initial trading session on Tuesday. The pair takes a U-turn from the fresh five-month high flashed at the end of Monday’s US session.

Even so, a weekly rising trend channel keeps the buyers hopeful. In doing so, pair’s run-up beyond 0.6640 will push buyers towards early-June month high near 0.6680 whereas 0.6700 round-figure could lure the Bulls then after.

Signal Specification

Entry Type:SELL
Entry: 0.66279
Tp: 0.63235
Sl: 0.67924
R/R: 1.85
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24 Dec 2019 12:43 pm Posted by admin