Cabana Capitals Blog Technical Analysis NZDUSD trade outlook at 2024-09-11T08:00:00.000Z until 2024-09-11T08:00:00.000Z

NZDUSD trade outlook at 2024-09-11T08:00:00.000Z until 2024-09-11T08:00:00.000Z

NZDUSD trade outlook at 2024-09-11T08:00:00.000Z until 2024-09-11T08:00:00.000Z post thumbnail image

You would be well advised to confirm the breakout that has just occurred – do you believe the move through resistance to be significant? Do you have confirming indicators that the price momentum will continue? If so, look for a target of 0.6192 but consider reducing the size of your position as the price gets closer to that target.

Target: 0.6192 Entry: 0.6148 Stop: 0.6136

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