Tuesday, July 8, 2014

NZDUSD Trading Signal - July 8th 2014















NZDUSD rallied into resistance zone and I'm entering my short position as I believe that it will go down and reach the support level. I'll enter a long position once again when we reach the support level, but for the next few days I expect forex traders to take some profits after a good rally. Forex traders are advised to protect their profits when we approach the support level.

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