NZDUSD – BUY STOP – 12 Feb – Place at 11:55am

NZDUSD – BUY STOP – 12 Feb – Place at 11:55am (Closed)

Good morning Forex Kings,

Again another pending order on the NZD, this time in the favour of the NZD incase of a positive result here.

We will be looking to do the same strategy on the NZDUSD – BUY STOP 25 pips above the market rate prior to the announcement.

NZDUSD – Trade Set up

Trade setup: BUY Stop: Entry price 25 pips above the market at 11:55am, stop loss set 30 pips below the entry price, take profit set at 0.6480.

Trade Setup
BUY STOP

Entry
Our entry 0.6430

Take Profit
0.6480

Stop Loss
30 pips below entry price