EUR/NZD had been in an uptrend for awhile. On the top of 4hrs chart, the trend had some pull back to the last resistance which makes a new support around 1.6400 area. A pair had confirmed a 1.6400 new support area and continue back on an upside. Potential target for this trade is on 1.6800 below the last pin point on May 9 daily candlestick. If this trade didn't come out as expected, the stop loss will be at 1.6395
Kommentar:
Got a little pull back but the price still bounces back from the trend line.
Trade geschlossen: Stop wurde erreicht:
Market break trend line and reach SL