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TheSocialInvestor
Sep 10, 2018 6:22 AM

NZDUSD Bearish Descent Short

New Zealand Dollar/U.S. DollarFXCM

Description

Multiple confluence factors amongst various time-frames giving signs of another bearish descent from the NZDUSD

Details are on the chart.

For more confirmation wait for a strong bearish rejection candle off of the previously supportive, now resistive zone.

Happy Trading!

Comment

Comments
Mabolo
Looks like it is comming into play again if it clearly breaks the demand level :-)
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