JanMachacek

NZDUSD possible Short opportunity

Short
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
In the last 7 months the NZDUSD has created a Resistance area that has been tested many times. The price of the NZDUSD is getting into this area again and that suggests us that the price might bounce down again as it did almost everytime in the past (3rd of dec - 6th of dec the price did a fakeout from this area so watch out for that). The RSI is Overbought and the MACD is going up to create a cross. I wish you a good luck with your trading :) .
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