Monday, January 28, 2013

NZDUSD looks bullish

NZDUSD currency pair looks bullish and needs to go higher the Tenkan-sen at 0.8391. The appropriate strategy is to put the Buy stop order with an entry price higher the last maximum and the stop loss lower the last minimum.


Entry price: 0.8396
Take profit: 5 candles trailing stop
Stop loss: 0.8353

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