NZDUSD Trade Forecast and Trade Setup for 1st August, 2014
Daily Chart
- Doji type candle formation yesterday, and the day before
- Ascending Trendline
- 78.6 and support
- Weekly S1 pivot
Hourly Chart
Outlook Trade opportunity
Buy Stop above my yellow support zone would be ideal, and stops below this weeks low.Or you could wait until it performs a higher high on an h4 / h1 chart
looking for near 0.86