New Kiwi Long Trade ( Short Term )

in forex •  5 years ago 

The New Zealand Dollar has traded within Channels to perfection recently.

With the economic calendar a little quiet for the first couple days of this week the kiwi looks a little oversold.

I'm looking to grab 15 - 30 pips leaving a bit on the table and covering the stop should it get a bit of momentum.

Stop at 0.66150 just under the 50 Daily Moving Average.

Chart Link - https://www.tradingview.com/x/hJbvB3KB/

Come on Flightless bird :-)

cheerio
FXcrypto

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