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trader123 · 09-02-2008, 01:35 PM

NZDUSD fell to a low of 0.6805 before rebounding up. I believe the overall trend for NZDUSD is still down, but it is oversold now, so we may see a rebound.

I decided to take profit first, bought back at 0.6871, profit is 91 pips, US$90.60.

09-02-2008, 01:35 PM	#113 (permalink)
trader123 Senior Member Join Date: Jun 2008 Posts: 197	NZDUSD fell to a low of 0.6805 before rebounding up. I believe the overall trend for NZDUSD is still down, but it is oversold now, so we may see a rebound. I decided to take profit first, bought back at 0.6871, profit is 91 pips, US$90.60. __________________ Useful links: http://www.marketbytes.com/ http://www.commoditiestradingpro.com/ http://www.forexandbinary.com/