piphunters
Short

NZDUSD: Sell when it breaks down

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
522 2 27
The pair has been going up as part of a large correction and it may be time for the move down to begin, currently it is going up as part of a smaller correction and a break to the downside out of this structure would be a good opportunity to go short. As long as it continues up along the path shown in the chart it would be better to avoid the pair and wait for the break which should occur sooner than later.
Thanks sir. As always, simple and easy to understand...yet very effective! :D
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