Tuesday, March 18, 2014

NZDUSD Trading Signal - March 18th 2014




NZDUSD rallied into double top formation and I'm entering my short position as I think it will go down and reach the support zone. I will enter a long position once again if it approaches the support zone but for a next couple days I expect forex traders to take some profits after a good rally. Forex traders are advised to protect their profits after we approaches the support level.

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