Open trading account 
Nzd/Usd - the most important of the Nzd crosses seems to have found support
above the weekly trendline after a couple of weeks of fast decline,
I am trying to buy the bounce back up, or slow retracement up, at the right time to make some pips
Here is the chart with the weekly trendline I managed to find with some technical analysis:
If there is indeed support here, a move up could easily reach 0.86,
and as you can see I have put in a tight SL, just above last weeks lows
and have set my TP above 0.86
(I may adjust the TP depending on the way the price action behaves)
I am also already long Nzd/Cad too, as this pair seems to be in a upward move,
and may prove bullish if previous highs are taken out
If there is indeed recovery in Nzd, I will add a long Nzd/Chf, and a short Aud/Nzd, and a short Gbp/Nzd too
above the weekly trendline after a couple of weeks of fast decline,
I am trying to buy the bounce back up, or slow retracement up, at the right time to make some pips
Here is the chart with the weekly trendline I managed to find with some technical analysis:
If there is indeed support here, a move up could easily reach 0.86,
and as you can see I have put in a tight SL, just above last weeks lows
and have set my TP above 0.86
(I may adjust the TP depending on the way the price action behaves)
I am also already long Nzd/Cad too, as this pair seems to be in a upward move,
and may prove bullish if previous highs are taken out
If there is indeed recovery in Nzd, I will add a long Nzd/Chf, and a short Aud/Nzd, and a short Gbp/Nzd too
