InstaForex - Analytics

    InstaForex

    694.50 6.50/10
    61% of positive reviews
    Real

    NZD/USD Trading Recommendations 16th June 2016

    analytics57620632a1a25.png

    Show full picture

    The price has risen and tested our stop loss level from yesterday but has not closed above it yet. We play an aggressive bearish move from here because of the beautiful wave structure (62% retracement) and beautiful a-b-c corrective wave.

    Trading recommendations:

    Sell now and once more at 0.7110

    Stop loss at 0.7150

    Take profit at 0.7010


    To leave a comment you must or Join us


    By visiting our website and services, you agree to the conditions of use of cookies. Learn more
    I agree