Profile image
By FX Instructor (Reporter)
Contributor profile | More stories
Story Views

Last Hour:
Last 24 Hours:

NZDUSD 60 Minute Chart Analysis February 14th, 2017

Monday, February 13, 2017 21:10
% of readers think this story is Fact. Add your two cents.

Screen Shot 2017-02-14 at 07.34.23

Hello traders and welcome back as we are looking at the NZDUSD chart. As you can see we had a very nice sell off from Friday last week and in the last 24 hours we have been sideways. Price is at a strong support level and I have placed the Fibonacci tool on the chart. It would be great if this pulls back to the 61.8 price of 0.7260 however I do not think we will get that so I am looking to enter this trade at the 50% Fibonacci level at the price of 0.7250 I like this as we are at the half mark. I would look to take profit at the support take profit zone at the price of 0.7210. This is a nice 40 pip trade and if you look left of the chart you will see that after we make our entry it is a wide open space to our take profit zone.

Thank you traders and we will talk soon…….William


We encourage you to Share our Reports, Analyses, Breaking News and Videos. Simply Click your Favorite Social Media Button and Share.

Report abuse


Your Comments
Question   Razz  Sad   Evil  Exclaim  Smile  Redface  Biggrin  Surprised  Eek   Confused   Cool  LOL   Mad   Twisted  Rolleyes   Wink  Idea  Arrow  Neutral  Cry   Mr. Green

Top Stories
Recent Stories



Top Global


Top Alternative




Email this story
Email this story

If you really want to ban this commenter, please write down the reason:

If you really want to disable all recommended stories, click on OK button. After that, you will be redirect to your options page.