NZD/USD Trade Ideas 06/03/18 Tue
Hi Guys,
Please check out my Chart, this article is about the NZDUSD.
From the current trend analysis, in the previous days, NZDUSD has been in strong downtrend.
Given the performance of USDCAD, if there's a something good to tell, it could mean something is good to go short again. especially after failed double top this morning at 72.40.
The previous downtrend could continue by breaking out yesterday's low at 72 and last week's low of 71.85.
Regards
Max
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Please check out my Chart, this article is about the NZDUSD.
From the current trend analysis, in the previous days, NZDUSD has been in strong downtrend.
Given the performance of USDCAD, if there's a something good to tell, it could mean something is good to go short again. especially after failed double top this morning at 72.40.
The previous downtrend could continue by breaking out yesterday's low at 72 and last week's low of 71.85.
Regards
Max
Please leave a comment or questions. If you like it, please follow.
Comment:
Trade active:
Again, it has tried to get above 0.7240 and failed, watch for it to go lower below 0.7220 if breakout first upward trend line.
The trade idea is further confirmed by its brother AUDUSD which is went back down all the way from the middle of the day.
The trade idea is further confirmed by its brother AUDUSD which is went back down all the way from the middle of the day.