theforexportal

SHORT NZD/USD from market .7309

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZD/USD has reached significant fib levels and with price moving out of overbought we at Carleton Capital feel this pair is ready to be shorted. Our AUDNZD algorithm is flagging this as a SHORT at market - .7314.

Our STOP is shown at .7347 so this trade carries a 33 pip risk.