Trading Signals For The New Zealand Dollar To Swiss Franc Pair (NZD/CHF)
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The previous trading plan for NZD/CHF talked about setting up limit orders in order to decrease the price.
Plan:
This was realized on Friday, during the US session, when the pair tested and broke through the target level. It signals that traders should close long positions for profit.
Development:
Congratulations to those who followed the strategy! NZD/CHF moved by as much as 1,850 pips.
The trading idea was based on the grid trading method, which is usually used on cross rates
Good luck and have a nice day! Don't forget to control the risks.
Relevance up to 10:00 2022-11-08 UTC+1 Company does not offer investment advice and the analysis performed does not guarantee results. The market analysis posted here is meant to increase your awareness, but not to give instructions to make a trade.
