Chris Capre’s current open price action and ichimoku trades: EURUSD, GBPUSD, EURCHF, EU50, INR.FR, BIR, TLS
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NZDUSD – Closing In On A LT Key Support Level (daily chart)
For pretty much all of 2019, the NZDUSD has been stuck in a ~250 pip corrective structure between 6700 and 6950 with several touches on both sides. Until this corrective structure breaks, or either of the key support/resistance zones, with a weekly close above/below them, I’m going to trade both sides of the market while targeting the other end.
ST corrective so trading both sides. MT mixed and whichever side breaks first will likely indicate the next major direction.
Key Support/Resistance Levels:
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