NZDCAD Sell opportunity-29.08.2017
North Korea is a global peace disruptor at the moment. From firing provocative missiles over Japan and threatening the USA with nuclear war, no one really knows what is going to happen. When peace is hard to find, Gold and Yen benefits and that is why the Yen actually appreciated over the Green back and other major pairs despite the missile flying over their territory.
Today, as I stand by, I will look to short
NZDCAD when there is a strong break below 0.9030. My stop loss will be above 0.9090 and a risk reward of 1:2-3 all depending on the pace at which the bears drive this pair.
Today, as I stand by, I will look to short
NZDCAD when there is a strong break below 0.9030. My stop loss will be above 0.9090 and a risk reward of 1:2-3 all depending on the pace at which the bears drive this pair.
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