NZDUSD Forex Signal By Trading Twist
SELL Order: 0.6088
SL: 0.6123
TP1: 0.5925
Although we have seen a correction to the upside, levels close to the 78.6% retracement of 0.6088 continue to attract selling interest. Resistance is located at 0.6085 and 0.6093. I look for rallies to be limited and for the pair to move lower within the BC leg of a Butterfly formation. Prime support is located at 0.5925. This trade plan offers a substantial risk-reward ratio of 4.66
