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The plan presented last April 28 talked about a potential price increase after the breakdown of the yearly low and placement of buy limits in NZD/CAD.
Plan:
The pair rose sharply today, immediately after the Reserve Bank of New Zealand announced the change of its interest rate from 1.5% to 2%. It hit the mirror level of 0.83400.
Development:
Congratulations to those who followed the previously presented trading idea! The pair moved by as much as 2,000 pips. Traders can now take profit at current prices.
A new set of buy limits can be placed when the pair reaches a new monthly low.
The trading ideas are based on the grid trading method.
Good luck and have a nice day!
¡Los informes analíticos de InstaForex lo mantendrá bien informado de las tendencias del mercado! Al ser un cliente de InstaForex, se le proporciona una gran cantidad de servicios gratuitos para una operación eficiente.