NZD/USD - Short opportunity presents itself

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
43 0 1
An opportune time to short the Kiwi with the recent retracement that took place the last day. Heavy resistance around the 0.679 price range with a Fibo confluence to support this observation. RSI shows that general momentum is still on the bearish side.

look to enter below the previous 4H low. Note however that there is a possible support line @ 0.676 which may slow down the pair's decent, but ultimately, market sentiment should drive price action lower to the 0.668 area

Trade Safe, Trade Smart
Good Luck
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out