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PipMorningstar

NzdUsd Short - Resistance Zone, Kangaroo Tail, Fib Levels

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
PipMorningstar  
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD priceaction kangarootail zone confidence Forex forextrading
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nzdusd priceaction kangarootail zone confidence forex forextrading
NzdUsd is in a monthly resistance of zones and fibonacci levels. Similarly, on the daily timeframe NzdUsd has printed a Kangaroo Tail, indicating a strong resistance in the zone sutuated. Personally, I have entered a short trade, however, a Crossover of the Moving Averages would provide a good indication of further bearish movements.
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