Imran.Osman
Short

NZDUSD - SHORT - Return to the down-side

FX:NZDUSD   New Zealand Dollar/U.S. Dollar
Good day Ladies and Gents,

Possible short coming right up for NZDUSD             and I will scrutinise it very closely.

  • Downward trend bias is still holding based on D1 TF.
  • in H4 TF, price has went past above the EMA50 line but below the SMA 200.
  • Strong resistance at 0.66527 and support at 0.65000.
  • Price oscillating around the 0.66000.

My trading position will be short once:

Price has closed below EMA 50 AND 0.66000. SL will be at 0.66527 and TP at 0.65000.

Happy trading everyone!

***************DISCLAIMER******************

This is just my trading ideas and should not constitute as trading advice or recommendation for anyone.
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