Traderscope

NZDUSD is about to reach a major resistance

Short
Traderscope Updated   
FX:NZDUSD   New Zealand Dollar / U.S. Dollar
NZDUSD is approaching a major resistance as you can see on the chart. The key price level is 0.7180. On this point, the pair could rebound in order to reach 0.7080 then 0.6900. The dollar is losing strenght against all currencies for weeks but a short-term reaction should happen soon.
Trade active
Comment:
Still time to take the trade. Stop loss at 0.7250.

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