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JeffMzee
Sep 29, 2015 7:00 AM

Short NZDUSD on Pullback to 6.3300 Short

New Zealand Dollar/U.S. DollarFXCM

Description

After printing a small bull candle on H4, I have a feeling that USD Bears may check in for a while, at least until someone sparks back the Bulls [Fed Speakers most likely].
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Sell Limit at 0.63300 [Grey Box].
This zone has a cluster of potential resistance as follows:
  • 38.2% Fib
  • 25_EMA_H4
  • 50_SMA_H4


We are also trading below the current intraday pivot at 0.63550.
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