25A
Short

NU Short 05/11/2016

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
46 1 3
Short on the NU. Hold for a couple of weeks.

Reasons:

1. Broken Trendline and pullback.
2. 38.2% pullback and rejection from the weekly support turned resistance.
3. Double top
4. Fundamentally - grown pressure of rate cut after AUD rate cut.
TraderGleR
6 months ago
rate cut is not a factor at this stage due to house prices. See financial stability report.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out