The rate cut was expected by 15 out of 29 fundamental analysts. As the expectation realizes, CAD and NZD makes fresh lows of the season. To trade this news (Momentum Trade), I recommend traders to stay cautious and look for divergence (on Momemtum indicator, 28)
That will enable you to confirm your trades, based on your existing trading setup. I will be trading some exotic pairs in coming time, so keep reading this blog to see the trades and the outcomes.
BTW, Momentum trades are for less than four (4) hour duration only and are based on 15 minute time frame chart. Happy Trading!
That will enable you to confirm your trades, based on your existing trading setup. I will be trading some exotic pairs in coming time, so keep reading this blog to see the trades and the outcomes.
BTW, Momentum trades are for less than four (4) hour duration only and are based on 15 minute time frame chart. Happy Trading!