InstaForex - Analytics


    699.25 6.25/10
    61% of positive reviews

    NZD/USD Trading Recommendations 16th June 2016


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    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

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