In this Daily Trade Watch report, we look for high probability trade setups that we can trade throughout the day. Today, we look at Oil strength again and NZDUSD weakness.
Yesterday with Oil, we suggested buying above 59.39 which proved a great trade which we are still in. A further break above 60.36 would give us another high probability opportunity to go long.
The other opportunity is in the NZDUSD. We do have a rate decision from the RBNZ in the earlier hours of the morning, however, if price breaks below yesterday’s low it would still give us a great opportunity to push prices lower below 0.6893.
Oil Strength Again and NZDUSD Weakness – Full Video Analysis
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