JLJ002500
Short

NZDUSD - Short, but needs to break through current support

FX:NZDUSD   New Zealand Dollar / U.S. Dollar
I'm short at .71950. There is a support price needs to break through. If not price could retest resistance. Because of this, I have a fairly narrow SL. If price is unable to break through support, a rebound would allow a better entry price.

The Weekly chart below indicates the justification for this short trade.

W D 4H:
Mar 22
Trade closed: stop reached:

Small loss. Adjusted SL during the course of the trade. (.72280)
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