Main Quotes Calendar Forum
flag ★ Trading tips for NZD/CAD

Forex Analysis:::2022-05-25T10:29:40

Trading tips for NZD/CAD

Trading tips for NZD/CAD

The plan presented last April 28 talked about a potential price increase after the breakdown of the yearly low and placement of buy limits in NZD/CAD.


Trading tips for NZD/CAD

The pair rose sharply today, immediately after the Reserve Bank of New Zealand announced the change of its interest rate from 1.5% to 2%. It hit the mirror level of 0.83400.


Trading tips for NZD/CAD

Congratulations to those who followed the previously presented trading idea! The pair moved by as much as 2,000 pips. Traders can now take profit at current prices.

A new set of buy limits can be placed when the pair reaches a new monthly low.

The trading ideas are based on the grid trading method.

Good luck and have a nice day!

Analyst InstaForex
Share this article:
You have watched all the best publications
We are already looking for something interesting for you...
Recently published:
More recent publications...