CollegeofPips

NZD/USD | Potential Downward Movement

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OANDA:NZDUSD   纽元/美元
💡 Trade Idea

📈 Sell Limit NZD/USD @ 0.7057

🎯 Target Profit 0.6941

🛑 Stop Loss 0.7084

❌ Do not risk more than 1 % of your account on each trade

🙂 Good Luck !

Description: The pair is trading within a bullish channel but reached a daily resistance. This resistance might be difficult and lead to a reversal especially, we have a double top posted near it. Lets see if the NZD/USD will drop to the 0.6941 level.

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