Set-Up: REVERSAL
Strategy: SELL A BREAK
Key Level: 0.6572
Target: 0.6400
How We See it Playing Out
The NZDUSD looks to have lost all upside momentum and is now set to break lower down through Daily support & follow the EURUSD & AUDUSD to the downside.
NZDUSD Daily Chart
CEO & Founder of Traders4Traders – Brad has been trading for 28 years and was a former Chief FX Trader for Citibank. Brad trades all markets and all timezones.
Trades: EUR, GBP, AUD, NZD, CAD, JPY, CHF, DOW, SP500, OIL, GOLD
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**Get Funded ***Join our Forex T4TCapital Trading Programme and let us run the risk! ***Get Educated in your own time and learn how the bankers trade. ***Our Complete Online Forex Trading Course is the ideal starting point for all traders, both beginners and veterans . ***Make trading a full-time career **Our Fast Track Forex Trading Workshops will take you from the beginning to being a full time trader in 5 days.
About the Author: Brad Gilbert
Brad has over 25 years of FX trading experience. Prior to setting up T4T in 2009, Brad worked for Citibank, Commonwealth Bank of Australia and Toronto Dominion Bank. He was Chief FX Dealer of some of the biggest FX teams in Sydney, London & New York. He has also worked extensively through Asia in Japan, Singapore, Hong Kong and Vietnam
The bottom line: Trading involves risk. Past performance is not indicative of future performance — nothing here is financial advice, and no outcome is guaranteed.
Written by Brad Gilbert, Founder & Head Trader at Traders4Traders — 36 years of institutional FX experience, mentoring 1,000+ traders since 2009.
The Game-Changer Trading System gives you the same tools the desk uses every day.