NZDUSD First Target Hit +450 Pips what next ??

Great trade on this pair we were looking for a signal under 0.574 we got that early last month with price going exactly as expected hitting the first easy target on Friday which was the previous low in the down trend,, you can read the related post to learn the reasons for this trade.

I have now closed the position as we are approaching a Monthly SUPPLY/SELL zone you should be looking for sell signals as we hit 0.62 or above you should not try and buy into these levels.

You should look for buying opportunities below 0.575 .

Next week you may see early on that we get a pop up into the 0.62 area normally what will likley happen after the huge moves we seen at the end of last week will lead to a correction early in the week let's see :)