Shenell17

A Bearish Push On NZDUSD Step By Step

Short
OANDA:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD made a new low this past Friday. Did this automatically set off something in your head? If not, it should have.
Price making a new low shows you there are sellers who are ready to see further bearish movement. Now if price can pull back and stay below 0.71892, a sell could very well be in good order back down to the previous new low.
Trade closed: target reached: Price rejected estimation zone under 0.71892 and made a new lower low as shared yesterday.