NZD/USD Re-Testing the Previous Support level

1 mins well spent

NZD/USD Analysis : Market retesting the Previous support level now.

If market try to move up, it will move around +100 pips, but if market try to move down, it will move around +150 to +300 pips.

We have 27 hours remaining for FED interest Rate Decision. This is a very important event going to create big movements soon on all USD pairs.

Note : Right Patience is the Key to Success in Forex Market. 

Two type of Patience that can change your Trading habits.

1) Wrong Patience = If you are more patience by holding your loosing trades for a long time, then you will mostly become loser in the Forex market.

2) Right Patience = Holding the Profit trades for a long time. Even, If you think that, market will reverse while your trade is running in profit, then you can keep holding your Profitable trades for long time using Trailing stop (or) Move your Stop Loss to Entry Price for Safe trading. Watch here “How to chase profits using Stop loss” : https://www.youtube.com/watch?v=mpYMOfY2-v4

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Thank you.