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Rayyan_2805

Possible Short for NZDUSD

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
Rayyan_2805 Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD nzdusdshort nzdusdtrade nzdusdanalysis nzdusdforecast nzdusdsignal nzdusdidea signals accurate
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trendanalysis chartpattern indicator nzdusd nzdusdshort nzdusdtrade nzdusdanalysis nzdusdforecast nzdusdsignal nzdusdidea signals accurate
Possible long for NZDUSD. Price has remained beneath both the 200 EMA and the 50 EMA indicating a strong short bias. Price has also been following a parallel trend for the past couple of weeks and has recently hit the trend line channel resistance, also indicating a short bias. Price has also been recently rejected by a local resistance line. NZDUSD
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