NZD/USD Follows Through on Big Down Day; Sell Rallies
Chart Prepared by Jamie Saettele, CMT using Marketscope 2.0
Automate trades with Mirror Trader
Trading Strategy: Wrote yesterday that “a close under the trendline and run at .8350 would put me in ‘sell rallies’ mode, specifically into the underside of the broken trendline.” Order to short NZDUSD in halves at .8380 and .8415 (average .83975) with a .8450 stop. Target half at .8200. EURNZD and NZDJPY are of interest as well.
LEVELS: .8230 .8305 .8340 | .8370 .8435 .8457
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