Tradeplicity
Short

NZDUSD Possible Impulse moving Brewing?

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
28 0 2
The Kiwi has been in a consolidation/corrective structure for some time. The recent 25 basis point rate cut also didn't help the case for the bulls. A triple top as well has formed around the 0.69000 area which solidifies our bearish bias. Price is still in the consolidation range and forming a minor triangle. A break below this triangle could be a sell opportunity. Price could still test the recent highs and as long as 0.69000 holds, we will look to short any rallies.

EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out