NZD/USD Retracement Trend Line is Broken

Janvāris 22, 2018 10:51

The NZD/USD consolidation has just broken above the retracement trend line and D H3 camarilla level at 0.7288. The pair has been in a steady uptrend since December 2017, and 0.7305 could be the next target. Breakout of 0.7305 or 4h close above it and the famous "kiwi" could go to 0.7330-50. As long as it stays above 0.7240, the intraday trend is bullish.

W H3 - Weekly Camarilla Pivot (Weekly Interim Resistance)

W H4 - Weekly Camarilla Pivot (Strong Weekly Resistance)

M H4 - Monthly Camarilla Pivot (Very Strong Monthly Resistance)

M L3 – Monthly Camarilla Pivot (Monthly Support)

M L4 – Monthly H4 Camarilla (Monthly Strong Daily Support)

POC - Point Of Confluence (The zone where we expect price to react aka entry zone)

Follow @TarantulaFX on twitter for latest market updates

Sign up for Live Trading Webinars with Nenad Kerkez T

Connect with Nenad Kerkez T on Facebook for latest market update

Read the Camarilla trading blog


Download MT4 Supreme Edition


Brīdinājums par riskiem

CFD ir pietiekami sarežģīti instrumenti un, izmantojot paaugstinātu kredītpleca likmi, var radīt ātrus zaudējumus! 83% tirdzniecības kontu, kuros klienti ar statusu "Privāts klients" tirgo CFD ar šī pakalpojuma sniedzēja starpniecību, uzrāda zaudējumus. Jums vajadzētu pārliecināties, vai pilnībā saprotat CFD tirdzniecības pamatprincipus un vai varat atļauties riskēt zaudēt savu naudu.