Dollar New Zealand / Dollar ASPembelian
Long NZDUSD (KIWI)
Just like Aussie, I am expecting NZDUSD to continue to the upside after these nice bullish closes
above monthly support .7300. I am going to make my first safe target a fib extension of 61.8% and the final
target at a weekly level I do believe we're going to hit. I believe both Aussie in the long term are going to be bullish for
a while now that we've broken monthly level. I do believe we're due for a trend reversal. :). Safe Trading guys.
Risk/Reward:
Target 1: 1:1.2
Target 2: 1:1.7
above monthly support .7300. I am going to make my first safe target a fib extension of 61.8% and the final
target at a weekly level I do believe we're going to hit. I believe both Aussie in the long term are going to be bullish for
a while now that we've broken monthly level. I do believe we're due for a trend reversal. :). Safe Trading guys.
Risk/Reward:
Target 1: 1:1.2
Target 2: 1:1.7
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