Wednesday, July 11, 2012

NZDUSD - STARTING TO BUILD A LONG POSITION

I have strong support at 7946-7890 and the intrady chart looks like a treble bottom formation. I am starting to build a long position on my EToro account with great risk/reward potential

8200 looking prime

Posted by FXLTR at 9:10 AM
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Forex trading on margin carries a high level of risk which can result in substantial losses in excess of your initial investment. Forex trading is not suitable for all investors so consider your objectives, financial condition & level of experience carefully & seek advice from a financial advisor if in any doubt.