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NZD/USD SIGNAL - USD Continuing Jobless Claims - 15 Oct 2020

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Signal Details
Entry Price: 
0.6654
Take Profit: 
0.6712
Stop Loss: 
0.6602
Direction: 
Buy
How we trade
Average: 5 (1 vote)

NZDUSD is trending to the updside today prior to USD Continuing Jobless claims data. The data measures the number of individuals who are unemployed and are currently receiving unemployment benefits. Technically the pair is trading at the 1H 50 moving average and above the 0.6630 pivot. We anticipate continued upside into 0.6712.

Submitted by Toni H. on Thu, 15 Oct 2020 01:34:32 GMT

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Disclaimer: The article is written for informative purposes only and it is not financial advice. The author does not have any position in the currency pairs mentioned, and no plans to initiate a position. He wrote the article himself and expressed his own opinions. Readers should not treat any opinion expressed by the author as a specific inducement to make a particular trade or follow a particular strategy, but only as an expression of his opinion. All risks and coasts associated with online trading are your responsibility.

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