.95 TOP on NZDCAD? Short

New Zealand Dollar/Canadian DollarFXCM

Description

⋅ Mar 17, 2014 9:52 AM

**LT 162** I am thinking that NZDCAD is getting ready to start a descent.

professionfx.com

Comments

theloneranger

⋅ Mar 17, 2014 3:31 PM

i have already entered short…..over bought on daily weekly and monthly…….somethings gotta give

ForceFollower

⋅ Mar 17, 2014 4:00 PM

Yes, it feels like a black cloud hanging low, ready to shed some rain... And yet it keeps creeping upwards. Perhaps it wants to test the highs?

ForceFollower

⋅ Mar 17, 2014 11:43 AM

I'm still bullish here, but you're right - it's not going to climb forever.