Trade idea for NZD/USD

2020年8月13日

When we look at the chart we can see that the price is at a wedge. If the price is able to break above it we could consider to go long.
We do have to wait for the confirmation.

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2020年8月14日

註釋

Price didn't really give us a good signal for a breakout but I went long on the touche of the support zone because it looks like price was unable to break below it. Keep in mind if you go long place your SL just below the support zone. That is what I would recommend.