Petr Suchanek

NZDUSD TRADING LEVELS TO WATCH

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
121 4 4
Since 03/2014 NZDUSD             has been range-bound at the highs
and has shown some interesting price action. A nice sell-off
after a double-top formation might be a sign of weakness
and the pair might drop lower. Currently there are two
significant levels to watch, one for short, one for long.
Let us see, if we get anything here.

Petr            
YouTube Channel: http://bit.ly/17jWiog
TWITTER: @FlexibleTrader
E-MAIL: psuchanek@smbcap.com
Blog: http://bit.ly/1qaZNHk
Ok, I put short at 0.8605. It looks like the market has been hesitating in my predicted sell zone, so let us see, how it works... P
Reply
MesbahRubel Petr Suchanek
Hi Petr,
Do you think NZD has the ability to touch 0.9000 area(because i have sl above it)..though good nz data n bullish comment helping nz very much to go high now
Reply
im building short target 8450
Reply
I like your study. Your blue line is where I'm looking to TP on my current long position.
Reply
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