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UmarAbdurRehman
Sep 27, 2017 12:07 PM

FX-Spot NZD/USD Medium Term Trade idea Short

New Zealand Dollar/U.S. DollarFXCM

Description

NZD/USD has extended losses following divergence on daily time frame, It just retested its multi-month bullish channel, scope is there for a short lived bounce and thereafter a deeper retreat towards my projected 100% area at 0.7003 area. Strategy is to short on a bounce for a target to 0.7003 over coming days, stop above 0.7347
Comments
Aqua_Trader
agreed
UmarAbdurRehman
@SN_Doumet, Brilliant!
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