TradingView
prtrading
Feb 3, 2016 11:28 PM

NZD/USD Returns to the Trend Line Short

New Zealand Dollar/U.S. DollarFXCM

Description

The orange arrow points to the NZD/USD returning to the broken trend line within the consolidation pattern and the long term trend line from the July 2014 highs.

NZD/USD is also below the 200 day SMA.

I am going to keep it simple and remain short below these levels.

Good Luck!

More