NZDUSD – nice buy opportunity on open

NZDUSD – nice buy opportunity on open


I have outlined in my chart what I expect to happen with this pair so it will be a case of a sensible lot size due to it being market open and observing the trade throughout Monday. Nice RR as we normally wait for the pair to reach the TL before entering. However, as you can see there has been a nice reaction off this level here so it is worth a punt. If price continues to drop then we will add another buy position with a 25 pip SL on the trendline. Trade safely. drop your comments with any questions 🙂

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