NZDUSD Trade Idea For Week of October 8th, 2018

7 באוק׳ 2018

Looking for a smaller move down to complete the support in the downward channel before a small pull back to recent SR. This is a simple price-action analysis however bearing in mind that NZDUSD is ranging in its two year low zone. A potential trend up is possible but the Kiwi doesn't seem to be showing enough signs of strength all around right now to justify the move.