[vc_row full_width=”stretch_row_content” full_height=”yes” content_placement=”middle” parallax=”content-moving-fade” parallax_image=”8831″ background_position=”left top” overflow=”default” css=”.vc_custom_1583920077281{margin-top: -100px !important;margin-bottom: 50px !important;background: #353535 url(https://ben-sparham.com/wp-content/uploads/2020/03/BEN-logo-slim-1.png?id=8801);}”][vc_column css_animation=”fadeInLeftBig” width=”1/2″ text_align_inline=”center” overflow=”default” el_class=”Large-title”][vcj_single_title css=”.vc_custom_1583714778548{margin-left: 200px !important;padding-left: 200px !important;}” class=”title”][/vc_column][vc_column width=”1/2″][/vc_column][/vc_row][vc_row full_width=”stretch_row” css_animation=”none” faster_parallax=”standard” overflow=”default” css=”.vc_custom_1583609607786{margin-top: -100px !important;padding-bottom: 50px !important;background-color: #3d3d3d !important;}” el_id=”services” padding_tablet=”60px 0px 0px 0px” shadow_hover_custom=”-webkit-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); -moz-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32);”][vc_column css_animation=”none” width=”3/4″][vc_row_inner equal_height=”yes” overflow=”default” padding_tablet=”0px 0px 80px 0px”][vc_column_inner overflow=”default” padding_tablet=”0px 30px 0px 30px” max_width=”700px” css_animation=”fadeInUp” css_animation_delay=”0s” css_animation_speed=”0.7s” css=”.vc_custom_1583581907439{padding-bottom: 30px !important;background-color: #242424 !important;border-radius: 10px !important;}” background_image_hover=”8823″][vcj_empty_space height=”20px”][vcj_text_block paragraph_whitespace=”1″]So NZD/USD hasn’t been the best pair for trend traders lately.
[/vcj_text_block][vcj_text_block paragraph_whitespace=”1″]This pair has mainly been sideways since December 2018 and many traders have stayed away from it since then. I feel there could be an opportunity here shortly, with the pair coming in to an interesting area that offers good risk to reward.
[/vcj_text_block][vcj_text_block paragraph_whitespace=”1″]On the left we have the Daily chart, and as you can see the structure of this has created a nice symmetrical triangle pattern, with price now coming back in to the top of this structure. Using the lower timeframes we are seeing rejections from this level and the 4 hour has created a double top pattern showing signs that buyers are starting to struggle.
[/vcj_text_block][vcj_text_block paragraph_whitespace=”1″]A more aggressive entry here will see a good risk to reward of 1:5 down to the pattern lows or you could be more conservative and wait for the break to the downside first before looking to take an entry. Whatever your preference, this is now becoming an attractive pair and definitely one to watch over the coming week.[/vcj_text_block][vcj_empty_space height=”20px”][/vc_column_inner][/vc_row_inner][/vc_column][vc_column width=”1/4″][vc_row_inner equal_height=”yes” overflow=”default” padding_tablet=”0px 0px 80px 0px” css=”.vc_custom_1583609527898{margin-bottom: 10px !important;margin-left: 2px !important;}” shadow_hover_custom=”-webkit-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); -moz-box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32); box-shadow: 10px 10px 17px 1px rgba(0,0,0,0.32);”][vc_column_inner overflow=”default” padding_tablet=”0px 30px 0px 30px” max_width=”700px” css_animation=”fadeInUp” css_animation_delay=”0s” css_animation_speed=”0.7s” css=”.vc_custom_1583588182205{background-color: #242424 !important;border-radius: 10px !important;}” background_image_hover=”8823″][vcj_empty_space height=”20px”][vcj_text_block paragraph_whitespace=””][/vcj_text_block][vcj_empty_space height=”5px”][vcj_text_block paragraph_whitespace=””]
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