nick.harrington

NZDUSD SHORT (DOWNWARD CHANNEL)

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is in a downward channel and about to retouch the channel line once again. The RSI and MACD on the Daily chart are also aligning well and looking over bought. At this time in the market there is a lot of talk about new Dollar weakness but I do not trade on fundamentals or market talk. I hope if anything it is talk to push the price up to the channel edge quicker so I can enter the short.