RiccardoAnnoni
Short

NZDUSD prints higher highs but...

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
74 0 2
...I am bearish about it.
Consider how strong and resilience is the resistance at 0.77.
If the price can't go up, well then it will go down sooner or later.
If you are a most cautious guy, just wait and see price action piercing the trendline and be ready to sell at a daily close below it.
Eventually, should you be a fundamental trader, also the soft CPI             is on our side.
http://www.forexfactory.com/news.php?do=news&id=536277

Cheers
Riccardo
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