At the top of the uptrend, we have a triangle/flag whatever you want to call it, that has formed and is now converging.
Most likely the move is downwards, and we have NZD rate decision in 50 minutes, so that will have a huge impact even if the news stays the same (which the rate likely will).
This is my Risk to Reward Ratio.
Most likely the move is downwards, and we have NZD rate decision in 50 minutes, so that will have a huge impact even if the news stays the same (which the rate likely will).
This is my Risk to Reward Ratio.