Despite the steep drop, #NZDCAD is set to test 0.860 low

This is definitely a long-term trade to keep for several weeks. Potential for 650+ pip move to reach 0.9300 level. Further drop to below 0.8640 will be great buy point (test the April 2016 low) when that opportunity presents. At this moment I will keep watch how the price play in next 2 weeks. If you are already long, watch up for the downside move but when the reversal has started, ride it up. Please visit my website.

评论:

Anticipating for a pull back from here to the BUY ZONE. If not, I will let this one go.