Thursday, April 16, 2015

NZD/USD Technical Analysis: Resistance Now at 0.77 Mark - DailyFX

Forex is the largest financial market worldwide however, currency trading is a relatively new enterprise to many knowledgeable traders. Using the suggestions listed below you will get a much better understanding of how this market works. Continue reading and prepare to leap into the currency trading world equipped with knowledge and self-confidence.

DailyFXNZD/USD Technical Analysis: Resistance Now at 0.77 MarkDailyFXThe New Zealand Dollar may have marked a significant reversal against its US namesake after prices cleared resistance capping gains since October 2014. A daily close above the 61.8% Fibonacci retracement at 0.7700 exposes the 76.4% level at 0.7828.and more »...NZD/USD Technical Analysis: Resistance Now at 0.77 Mark - DailyFX

Practice trading Currency before opening a genuine account. The practice account will enable you to do every little thing, but it will not utilize genuine cash. This offers you a means to learn the ropes, test techniques and learn just how much risk you are comfortable with while trading. As soon as you have made use of a practice account for some time, you can open a genuine Currency account.

Additional resource on Fibonacci Retracement

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