Failure: The previous NZD/USD noted the pair bouncing off a trendline that started mid-Nov. pushing the Kiwi higher away from the 200-SMA in the 4H chart. I noted that that moving averages show a neutral flat market, but the RSI is showing development of bullish momentum as the readings hold
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The Forex Trading System articles are strictly informational publications and do not provide personalized or individualized investment or trading advice. Commodity futures and forex trading involves substantial risk of loss and may not be suitable for you. The money you allocate to futures or forex trading should be money that you can afford to lose.
