Hello traders welcome to a new trading day. I have looked at the charts and looks good. We have placed the trade plans on the charts and look to see if price will work for us today. We have another day of slow data as we have CAD data in the US session. Traders another technical trading day for us today. Just be alert to price action.
OK so today we are going to take a look at another currency pair that I feel is really a nice set up. Let us look at the NUZUSD- This is the 30 minute chart. Traders this trade worked very nice yesterday I have to say. I have placed the Fibonacci tool on the chart and looking for the 61.8 pullback. That is also where the daily pivot point is located, so we will look to enter at the price of 0.6779. I am looking to take profit at support at the price of 0.6739 for a nice 40 pip trade.
Thank You traders and talk soon….William