HiTech
Short

NZDUSD DOWNTREND CONFIRMED, BUT NOW UP A LITTLE

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
336 9 7
I am very bearish on NZDUSD             however cyclic analysis suggest a pullback up to 0.7620. Then I'll look for short opportunity.
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I have a pretty much same bias. A correction now could spell a sharper decline, or it could be a quickie to 0.745 and then back to its usual play.
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HiTech PRO justatrader
Mind sharing the chart?
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So a correction is due. 2 cents says, we could now start to see consolidation in play, perhaps a bear flag maybe before the next leg continued.
snapshot
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justatrader PRO justatrader
So looks like we got the pullback to the downtrend. 7522 will be the next lvl to watch, maybe add more shorts on a pullback there. US GDP and FOMC up ahead of RBNZ. Should be fun!!
snapshot
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HiTech PRO justatrader
here is update
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Nice chart
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HiTech PRO boyan.ivanov.96
Spasibo
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I'm from Bulgaria in my country they say ...Blagodarya... :)
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HiTech PRO boyan.ivanov.96
ok then... Blagodarya :)
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