NZDUSD Forecast February 2017

1 ก.พ. 2017

Yesterday's move up hints that the top is not in yet and we may see further up moves. As long as this 0.7280 support holds, we will be seeing higher prices. It has to fall from here to start the bearish trend.

This is my forecast for the month ahead. It will be updated everyday during asian session for any changes. Do scroll down to look at the comments for updates. I'll be using Daily charts from now on, cos that's the TF that I actually use.

If my charts are not clear, you can pm me anytime to ask any questions, I am more than willing to help. And if you want to look at my positions, you can click my etoro link from my profile, you will see my trading positions under portfolio.

Nothing is 100% in trading, it is a game of probabilities. Be nimble when trading, never have a strong bias. I can turn from bullish to bearish in a day if price action tells me so.

1 ก.พ. 2017

บันทึก

Thursday Feb 2

Early bearish moves, price should not move further up from here.

3 ก.พ. 2017

บันทึก

Friday Feb 3

A rejection at last week's high is a hint we may be turning, now we want to see a big fall from here for a trend change.