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HussainChoudhury
Jan 12, 2019 10:03 PM

AUD/NZD Short Oppurtintiy Short

Australian Dollar/New Zealand DollarFXCM

Description

Possible short opportunity coming up on AUD/NZD.
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Please take the trade under your own diligence.
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Confirmations
1. Broke through long term trend line indicating strong bearish momentum. Looks as if it may retest around this zone.
2. Where price is currently rejecting may be a zone of minor support.
3. 50 moving average indicates an upcoming bearish movement.
4. Bearish Macd divergence

Trade active

Currently 60 pips up.
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