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D_Market_Outlook

NZDUSD rejection from structure and broke from wedge

Short
New Zealand Dollar / U.S. Dollar (FX:NZDUSD)  
D_Market_Outlook Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Trend Analysis Chart Patterns Technical Indicators NZDUSD nzdusdshort NZD USD
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trendanalysis chartpattern indicator nzdusd nzdusdshort nzd usd
1. Good structure rejection.
2. Lower close from prev low on 4 hourly
3. Good RR.
4. RSI is on downtrend.
5. Broke ascending wedge.
6. Some bearish divergence on RSI

Comment:
take half position off and let the rest run risk free
Trade closed: target reached
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