Hey Guys, hope you enjoyed the scalp trade in USDJPY as we hit Take profit earlier.
Right now, let me share another trade idea for you all.

NZDUSD is trading at 0.73003 just above a trend line support level of 0.7270 , right now we have an opportunity to trade NZD Official Cash Rate.

Fundamentals:
NZD: Official Cash Rate
Forecast: 1.75%
Previous: 2.00%

Technical Levels:

R3: 0.7331
R2: 0.7320
R1: 0.7314
Pivot Point: 0.7304
S1: 0.7293
S2: 0.7287
S3: 0.7277

Recommendation:
1) In Case of 1.75% Rate
Good to Sell Below 0.7275
SL: 0.7295
TP: 0.7215

2- In Case of 2% Rate
Good to Buy Below 0.7340
SL: 0.7300
TP: 0.7375

2 thoughts on “Scalp Alert NZDUSD– Trade NZD Official Cash Rate”

  1. Laurence Andre Williams says:

    I got on in on the same trade short @.73530. Bravo!

    1. Cool, Hope you closed it in Profit. Cheers

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