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NZDUSD 30 Minute Chart Analysis

Tuesday, October 27, 2015 19:23
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Screen Shot 2015-10-28 at 08.03.28

Hello traders welcome to a new trading day. So I have looked at the charts and and I have to say minimal price action yesterday. I feel traders are waiting for the FOMC statement in the US session, not that they are going say anything different. So traders it could be a very slow London session and very little data until US session. Today we must be patient traders…..

OK let us look at the currency of the day as I feel this is a nice trade plan. So let us go to the NUZUSD- This is the 30 minute chart. Traders I would like to see a pullback to the 200 ema and a bearish candle formation for the sell trad at price of 0.6768 and sell this. I am looking to take profit at the support zone and S2 pivot as marked on the chart at the price of 0.6726.

Thank You Traders and talk soon… William



Source: http://www.fxinstructor.com/blog/nzdusd-30-minute-chart-analysis-9

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