Eur nzd

TradeCuts

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After the Reserve Bank Of New Zealand raised the interest rate for the third time this year, The Euro has been touching new lows against the New Zealand dollar.
Moving with the flow, at TradeCuts, our outlook on this pair has remained bearish and this is our analysis for today. The entry has got triggered, trailing sl is in place and the take profit level is at next support @ 1.5420 which it last touched in April of 2013.
 
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After the Reserve Bank Of New Zealand raised the interest rate for the third time this year, The Euro has been touching new lows against the New Zealand dollar.
Moving with the flow, at TradeCuts, our outlook on this pair has remained bearish and this is our analysis for today. The entry has got triggered, trailing sl is in place and the take profit level is at next support @ 1.5420 which it last touched in April of 2013.

NZD/USD not a bad option to trade either: http://www.stock-trkr.co.uk/forex/major_currency_pairs/nzd_usd_live_chart
 
Comdolls are very volatile this days, don't know why but it's time to get into trade - one after another
 
Eur/Nzd : +41 pips

Our Eur/Nzd trade closed yesterday hitting the trailing stop loss and gave us 41 pips profits.
Good days trade :)
 

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