A trade not to miss - Sell Pullback Short

New Zealand Dollar/U.S. DollarFXCM

Description

⋅ Jan 7, 2021 9:23 AM

NZD approaching multiple-year resistance after enormous growth. Pair is already overbought on weekly timeframe and is beginning to show some signs of weakness. Short at resistance. Stop at a clear break outside resistance (but unlikely :))

Trend Analysis Chart Patterns