The New Zealand dollar attacks the defense of the Japanese Yen
The New Zealand dollar is still unable to overcome a strong level of resistance in the currency market forex against the Japanese yen. Most of the currency pairs that are traded with the Yen show rapid growth.
Trade signals forex will break through the resistance level of 87.00.
This can be used when answering the question of what is trading forex with a breakout trend trading strategy.
With the right choice of time interval, this currency pair can also be used for options trading for beginners on the best platforms Mobius trader 7.
These day traders' tips can help you earn over 100 pips in a single trade.
This is not a scalper forex strategy, but a medium-term strategy.
Order Type: Pending Order - Buy Stop
Entry Price at 87.00
Take Profit at 88.00
Pips Earning: 100
How to trade forex:
EURUSD sell at the price of 1.0755
USDJPY buy at the price of 128.50
GBPUSD sell at the price of 1.2985
USDCHF buy at the price of 0.9465
Strategies for forex trading
The profit can be $952.38 if the trading volume of 100000 NZD (1 Lot).