NZDUSD Short Position (1Hr Timeframe) Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jul 24, 2017 5:17 PM

-Although the pair has a long bias in the daily & weekly
- Head & shoulders formation and area of resistance within the channel signal bearish move
- potential move towards 61.80% fib retracement
- Moving average looking to cross in the hourly