NZDUSD - WAIT FOR RETRACEMENT THEN.... SELL!!
We can see price bouncing off the bottom trendline, is the USD starting to fall off a bit now and retrace?
Price is trending down, we never want to sell at the lows, instead the optimum place to sell would be when price retraces.
If price reaches my 38.2% retracement, which is in line witch recent resistance, i will look to SELL!
* * fundamentals **
Non-farm payroll tomorrow
Trade with care.
Have a good one fellow traders!
-L
Price is trending down, we never want to sell at the lows, instead the optimum place to sell would be when price retraces.
If price reaches my 38.2% retracement, which is in line witch recent resistance, i will look to SELL!
* * fundamentals **
Non-farm payroll tomorrow
Trade with care.
Have a good one fellow traders!
-L
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