NZDUSD Shorts Need to Watch the Close Today

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jan 11, 2016 1:12 PM

The disputed 8/24/2015 flash crash low makes it difficult to determine the lower line of the triangle pattern.

If NZDUSD posts a hammer candle on the daily charts, the ascending triangle will remain in affect.

Comments

Piet.Hein

⋅ Jan 11, 2016 3:49 PM

Thanks for sharing, yes todays candle looks suspicious, I will be watching it. Im holding a short position since 0.6835