HayatoDragonFX

NZDUSD, daily tf, sell on retest of resistance

FX:NZDUSD   뉴질랜드 달러 / 미국 달러
Hello my friends,

Trade setup for today is NZDUSD pairs.

I've marked the horizontal level and support/resistance for this pair.
As you can see, incidentally we could see that price moving inside ascending channel for this NZDUSD pair.
The top of ascending channel meet with the horizontal resistance so we could say sellers might come in to defend this area 0.6685-0.6900

I am gonna try selling this pair at resistance as there is a possibility price could rejected and come down again.

Sell NZDUSD 0.6685
Stop loss 0.6730
Take profit 0.6595

RR ratio 1 : 2
Use only 1-2% risk
Good luck

Disclaimer : I sold NZDUSD from 0.6685
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