EUR/USD reminded about a slingshot strategy
The slingshot strategy is a good way to trade EUR/USD on the ECB meetings. Learn more!
NZD/USD: 'Double Top' under Moving Averages
Information is not investment advice
There's a local 'Double Top' pattern, which has been formed under the Moving Averages. In this case, we should watch the previously tested support at 0.6712 - 0.6705 as an intraday target. If a pullback from these levels happens thereafter, bulls will probably try to reach the nearest resistance at 0.6772 - 0.6786.
Sergey Logachev
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