Short AUDNZD trade Short

Australian Dollar/New Zealand DollarFXCM

Description

⋅ Apr 23, 2015 9:29 AM

Opportunity on AUDNZD 4hr to short.

Reasons for entry
- Price finding resistance at 200 EMA and trendline
- RSI overbought
- Bearish candle

Exit Strategy
- Stop : 1.0252
- Profit: 1.0092
- Reward:Risk 3:1