MatrixBits

NZDUSD to $.72+

Lång
MatrixBits Uppdaterad   
FX:NZDUSD   Nyzeeländsk dollar/USA-dollar
US Dollar deficiency of the 4.8 Trillion on the tax reform will cause a huge bubble. No one can pay for, and may send the economy of the US lower. New Zealand has an interest hike coming soon, and has less debt. If they don't raise interest rates it's actually good for the economy. So I see New Zealand improving over time.
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Found retracement to .75 cents area in short term. Buy now with low lots, as price grows add more slowly.
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DOJI Resistance was formed on 1D
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May swing by the DOJI Resistance, seeing a nice price action in a wave. Back to Long.
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S/L .68220 to $.70+
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Waiting for Breakout and a bullish DOJI to form.

I am only a speculative trader and this is not financial advise on trades.

- If you are losing money close the trade

- Start with .03-.05 units and learn to manage risk

- Don't take profits too early cheers!


MatrixBits
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