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TomProTrader
Feb 16, 2016 11:36 AM

#NZDUSD: Bearish Momentum At Key Level. Bears Are In! #Forex Short

New Zealand Dollar/U.S. DollarFXCM

Description

Traders,

Nice bearish move off of a key level. This move looks as though it is ready to go, on some clear cut momentum. We can see the bears are eager to get involved.

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Best of luck,
Tom
Comments
forexmech
Hi Tom do you think this still good to short or enter at this levels.
TomProTrader
Not really. Needs to see more downside
crossmxn
I spotted the same exactly trade, which is your target?

I got this support from daily levels


or this support from mothly levels
TomProTrader
Nice. Going to let the trade run for now.
Csys
Extraordinarily fine call!
TomProTrader
Thanks.
Marvin
Yep, totally agree.
IvanLabrie
AUDNZD might be a nice long me thinks.
This one looks fairly cut and dry, maybe resuming the move down.
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