NZDUSD - Potential Shorting Opportunity

26 באפר׳ 2016

After breaking down out of its upwards channel, the NZDUSD has retraced up to a level that contains multiple resistances (the upwards trend line, moving averages, fibonacci levels). Here's where we'll keep a close eye on lower time frame bearish price action (lower highs, wicks etc) to give us confirmation of going short.