NZDUSD massive weakness- downside expected

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
Hi traders,

NZDUSD looks extremely weak. The pair is under major moving average, Fibonacci retracement resistance, and there has been a death cross in the moving averages suggesting short term weakness.

Lows to be expected. The move down will be fast.

Best regards,
Comment: Despite a small pullback, bears are becoming strong again. I am expecting down move to carry on into the lows soon.
Trade closed manually: Let's close any downside trade here, and wait for a new entry on the daily chart.
I agree Tom, I'm seeing a head and shoulder pattern on this one, currently waiting for a strong price action for me to sell. :)
love you back Tom,, (+_-)
+1 Reply
i agree i am in..... lets see whats going on... thaks for your adviced
+1 Reply
Breakout -
+1 Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing House Rules Moderators Website & Broker Solutions Widgets Charting Solutions Get Help Feature Request Blog & News FAQ Wiki Twitter
Profile Profile Settings Account and Billing Get Help Ideas Published Followers Following Private Messages Chat Sign Out